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Weekly Digest (12th-19th February 2016)

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

Data

– Airtel, Idea & Vodafone make up 65% of total active mobile connections in India – November 2015
– 5.19M Mobile Number Portability requests in India in November 2015

Other Updates:

– Industry moves: IDG Ventures, UpGrad, Rentomojo & Morpheus Capital
– ASICS acquires Runkeeper for an undisclosed amount
– The Viral Fever secures $10M from Tiger Global for 25% stake
– ViaSat & Boeing to provide global internet & 4K streaming by 2019

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– “Zomato cost rationalisation done, now to cut burn & break even” – Sanjeev Bikhchandani
– Vodafone to invest Rs 6,000 crore in Maharashtra
– Would telcos exploit private networks to implement differential pricing? – Vishal Misra
– RKSV Securities secures $4 million from Kalaari capital & others

– Indian smartphone market grew by 29% in 2015: IDC Report
– Skype’s pilot with Aadhaar to authenticate identity online
– Facebook’s Instant Articles for all publishers good for reading news on mobile
– Apple to fight court order asking it to unlock iPhone in the US

– Quikr diagnostic app to test quality of used listed phones
– Big Bazaar Direct partners with Oxigen to sell products offline
– Truecaller launches SDK for user verification via phone numbers
– Flipkart & Amazon launch same day seller service through mobile vans

– Why Karnataka’s cab aggregator rules are good, bad and ambiguous
– Vidooly acquires iCouchApp for an undisclosed amount
– Google’s project Loon begins trials in Sri Lanka
– Hike appoints Rajesh Rudraradhya as VP & engineering head

– Apple to open its first R&D centre in India in Hyderabad
– Funding roundup: Rare Media, Mazkara, Pindrop Music & more
– Housejoy acquires Bangalore based fitness company Orobind
– Ringing Bells launches a smartphone at Rs 251

– Custom products startup icustommadeit raises $4 million
– Amazon acquires Emvantage Payments for an undisclosed amount
– Zimmber acquires peer FindYahaan for an undisclosed amount
– Sun TV revenues up 4% to Rs 598.72 crore for Q3 FY16

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– DoT to mandate local language support in mobile phones soon
– Government launches Electronics Development Fund
– Cab aggregators have to make cabs available after midnight – HG Kumar, Add Commissioner for Transport, K’taka
– Exclusive: The new guideline rules for online cab aggregators in Karnataka are brutal

– BARC gets 11 responses for its “request for information” to measure videos online
– YuppTV to live stream NDTV channels on its platform, makes it available to users outside India
– IRCTC to accept payments through mRupee wallet
– We get Airtel is a 90s baby, but the suggestion for post FUP speed of 64kbps is stupid

– MakeMyTrip’s hotels biz revenue exceeds air ticketing again; losses at widen to $19.47M
– Industry Moves: Craftsvilla, DoT, Mu Sigma & Hopscotch
– Spice Mobility’s services biz revenues up 33% to Rs 63 Cr in Q2FY16
– Paytm ties up with offline electronic stores to list them on their online platform

– MTNL’s losses narrow to Rs 704.93 crore at the end of Q3FY16
– Television still our core competency: Rohit Bhandari, network head Turner International India
– Funding roundup: Heads Up For Tails, Moglix, Weddingz & more
– Airtel challenges TRAI’s new interconnection rates in Delhi HC

– Snapdeal secures $200 million from Ontario Teachers’ Pension Plan & others
– Aasaanjobs raises $5 million from Aspada Ventures and existing investors
– TRAI recommends amendments to facilitate VoIP & VoLTE interconnection
– Rediff’s cash reserves at Rs 32.2 crore; Shares may be delisted in two quarters

– Opera board members approve $1.2 billion buyout
– #fame to premier exclusive content over nexGTv
– Carpooling high during Delhi’s Jan odd-even rule as public transport bottlenecks
– What we’re reading: AI, Twitter, surveillance, self-driving cars & more

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– Funding Roundup: Turtlemint, MagicCrate, BHIVE & more
– ZipGo launches petition to help reinstate service
– Facebook stops offering Free Basics in India
– Supreme court upholds states’ right to ban mobile Internet services
– Budget Expectations 2016: Online Service Tax Relief, GST, IPO Policy support & more

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

Written By

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