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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:…

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