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Weekly Digest (04th-11th December 2015)

MediaNama would like to thank its sponsors: Chillr, Getit, IMImobile, Times Internet, Vserv and E2E for their support.

Other Updates:

– Intex acquires rights to IPL’s Rajkot franchise
– Walmart Pay to let customers pay at retail stores via smartphones
– ISP revenues decline in September 2015; Top 5 ISPs contributed 89% to the total revenues
– India had 108.85 million broadband connections during quarter ending June-15; Rural connections decline by 8.7%

– Flipkart’s ebooks will now be serviced by Rakuten Kobo
– News Corp appoints Nagaraj Nagabushanam as Chief Product Officer of VCCircle
– UrbanClap raises an undisclosed amount from Ratan Tata
– Citrus hives off its Cube mobile app as a new venture

– Holisol logistics raises $10M from CLSA Capital Partners
– France looking to ban Tor as Governments gear up to weaken encryption
– Paynear raises $2.5M from Mitesh Majithia; $10M Series A planned
– Blume Ventures, Uniqorn Ventures and Sequoia Capital invest in Chillr

– FreeCharge appoints Anshul Kheterpal as CFO
– Facebook’s Instant Articles to let publishers display ads more frequently
– Sharing to Twitter declines 11% after company kills share counts: report
– Sony LIV launches paid subscription service for Hindi movies

– BlackBuck raises $25M from Tiger Global, Apoletto, Accel Partners & Flipkart
– Eko launches wallet in collaboration with RBL Bank & NPCI
– Homestudio raises $5M from Bren Corporation
– Uber pauses its uberAUTO service in India; same fate for UberINTERCITY?

– HyperCat IoT accelerator and incubator launched in Hyderabad
– Why has the TRAI issued another Net Neutrality consultation paper?
– PayUBiz launches one-tap technology which bypasses entering CVV during card payments
– Ad: MediaNama is hiring journalists in Delhi, Bangalore

– India has 22.45M credit cards, 603.35M debit cards
– The Roys exerted complete editorial control throughout NDTV’s existence – The Caravan
– Jigsaw Academy raises $3M from Manipal Global Education services
– SC wants an agency to look into rape videos and child porn on social networks

– Headline startup valuation numbers hide lower risk for investors – Deepak Shenoy, Capital Mind
– Parsel acquires BillBoxGo; Developments in e-logistics this year
– HeyBiz raises seed funding from ShopClues
– Ad: SEO Guru Bruce Clay to Conduct 3-Day SEO Training Course in Delhi From 2–4 Feb 2016

– DCC forms seven member panel to regulate online pharmacies
– Indic languages to be mandatory on phones; BIS working on standardization
– Yumist raises $2M from Unilazer Ventures, Orios VP & Steven Lurie
– YouTube takes down alleged parody videos of Indian children using swear words

– Careers360 acquires college enrollment platform NoPaperForms
– Vodafone launches 4G services in Kochi; to roll out this month
– AskmePay launches working capital loan program for its SME partners
– Meru Cabs ties up with Indian Oil to drive its carpooling feature

– Alibaba launches SMILE program for SMEs; Hindi version coming soon
– Maharashtra Govt to let users create rent agreements online
– MockBank acqui-hires Litoro for an undisclosed amount
– Nexus Venture Partners’ fourth fund closed at $450M; total capital $1B

– India.com launches news app Newsbuddy on Android
– Ola hires ex-Flipkart president Joy Bandekar to lead new initiatives
– Girnar Software appoints former Zomato exec Umesh Hora as its CFO
– NDTV ventures into online wedding planning with Special Occasion

– MagicTiger acqui-hires Instano to boost on-demand delivery services
– APUS Group to setup Rs 300 Cr fund for Indian mobile startups
– 45% of Naukri’s total traffic is mobile: InfoEdge analyst call
– Faasos raises $30M from Ru-Net and other investors: Report
– HDFC Bank to allow mobile recharges via missed calls
– Paytm acquires services marketplace Near.in for $2M

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

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    © 2008-2018 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ