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Earnings Sep-15

– Vodafone India’s data connections drops marginally to 66.5 million Sept quarter
– JustDial’s hiring woes in sales teams hits revenue growth in Q2FY16
– UFO Moviez posts a net profit of Rs 16.5Cr; up 19% in Q2FY16
– WoNoBo parent Genesys International’s net profit boosted by other income of Rs 1.94Cr in Q2FY16
– RCOM’s 3G connections continues to exceed 2G connections in Q2FY16

Data

– Rs 12663 Cr transacted using IMPS in September 2015

Other Updates:

– Online educational org Udacity raises $105M from multiple investors
– Vodafone to invest Rs 13,000 crores in India for expansion & more
– Funding Roundup: LoanBaba, CityFlo, PayTunes & more
– YouTube launches ad supported music app called YouTube Music

– Ola launches the Ola Money app for payments across merchants
– Eros’ stock woes continue as it fights allegations on revenue and releases
– MakeMyTrip launches budget hotels aggregator Value+ Hotels
– Funding Roundup: Gingercrush, iStar, AppVirality & more

– Ola acquires Geotagg to boost its intra-city bus shuttle service
– FreeCharge to spend Rs 100 Cr for IPL sponsorship & promotions
– Online grocery platform Indian Grahak acquires Dyscover
– Some thoughts on T-Mobile zero rating select video services

– Consumer is very sensitive to increase in data rates: Idea CEO Kapania
– CarTrade acquires auto classifieds portal CarWale for $90M: report
– Facebook’s India content take downs triples in first half of 2015
– Info Edge denies Mydala acquisition by Chinese search engine Baidu

– Conversational mobile messaging is only going to get more interesting: Prashant Singh
– Govt eases FDI norms in broadcasting and 14 other sectors
– Internet Digest: Zocalo, Helpchat, UrbanPro, HeyBiz & CISF
– Industry moves: Housing and Zee Media

– Funding Roundup: Twigly, YourDost, BookMyBai & more
– Telangana Govt asks ISPs to block over 200 online pirated movie sites
– “Ad sales will remain the mainstay of our business” – Zomato founder Deepinder Goyal
– “Zero customer acquisition cost is the biggest unfair competitive advantage we have” – Deepinder Goyal, Founder, Zomato

– Airtel’s Wynk music streaming application hits 12 million downloads
– Flipkart relaunches mobile website
– Firefly Networks looking to raise funding via foreign investment
– Hindustan Times group hives off digital content businesses into new company

– Talwalkars picks up 19% stake in GymTrekker
– Shadowfax acqui-hires delivery startup Pickingo after SAIF Partners and Zomato deal falls through
– Netflix looking to launch original Bollywood and anime programming
– Android and iOS apps share data with third-party servers: Report

– Govt appoints CanBank VC to get funds for Electronics Development Fund
– Government launches ePathshala & other initiatives for education
– Quikr acquires Indian Realty Exchange to bolster its realty vertical
– InnerChef appoints Sanjeev Singhal as CTO

Useful Lists:

– Deals: VC, PE & M&A In Internet, Mobile, Media in India
– Short Code Services in India
– Circlewise List Of Telecom Operators in India
– Statewise Broadband Subscribers In India
– Digital Payment Companies in India
– Advertising Networks in India