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Weekly Digest (22nd-29th April 2016)

MediaNama would like to thank its sponsors: Getit, Times Internet, Espn, Spiral and E2E for their support.

Earnings Mar-16

In India, Telenor operating loss $381M; has 11M internet subscribers
– Idea Money users grew to 2M in Q4 FY16 from 0.59M in the previous quarter
– Amazon Tatkal rolled to 25 cities across India and other results takeaways
– Facebook’s net profit grew 197% to $1.5B backed by ad growth
– Over 680,000 Idea customers are using 4G services.
– Airtel’s mobile broadband users at 35.46 million; 4G user base over 2.79 million?
– Apple India iPhone sales up 56% in Q2FY16
– Reliance Jio in-house users consumed 18 GB on an average in a month


– India added 7.63M active mobile connections in February 2016

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Other Updates:

– Facebook blocked 14,971 content pieces in India in H2 2015
– Long term operations in India subjected to spectrum auction: Telenor Group CEO
– Google to display which apps have ads on the Play Store
– India’s own navigation system goes live with IRNSS-1G launch

– ErosNow launches in Malaysia in partnership with Maxi Berhad & U Mobile
– Did the expected ban on ecommerce discounts make CouponDunia add cashbacks to its model?
– Explara launches marketing solution for event organizers
– Peer-to-peer lending platforms to be treated as NBFCs: RBI consultation paper

– Urban Ladder to offer customized interior design service
– GirnarSoft acquires software services startup Connecto
– Housing launches Housing News to cover the real estate sector
– Times Internet’s Spotlight to offer content solutions for marketers

– Reliance Jio to raise Rs 2250 Cr by issuing bonds on private placement basis
– Unable to meet $1 per share requirement, Rediff to delist from NASDAQ
– Voxpop acquired by Bioworld Merchandising
– Govt panel recommends relaxing local sourcing norms for Apple

– Now book flight & bus tickets and order food on Snapdeal
– Panic buttons to be mandatory on all phones by 2017; GPS by 2018
– Yatra to aggregate cabs from aggregators & car companies: report
– DoT to Defence Ministry: Release 15MHz of spectrum under 2100MHz band

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– Ant Financial raises $4.5B to invest in infrastructure
– Updated: Hello Curry acquires meal-box delivery startup The First Meal
– AskMe Grocery to expand to 80 cities by end of financial year
– YouTube’s new 6 seconds video ads to drive reach on mobile

– Vodafone India completes acquisition of YOU Broadband: Report
– ClearTax secures $1.3M from individual investors
– Arré raises funding from Enam Holdings; Ronnie Screwvala exits
– Roposo raises $5 million from Bertelsmann India Investments

– Flipkart’s size allows it to leverage economies of scale & scope- Sumanth Raghavendra
– BlackBerry launches BBM Money with HotRemit in India to transfer money to contacts
– Delhi Govt policy gives bus aggregators the green light
– Net Neutrality: TRAI should refuse the Airtel-content provider partnership

– Ideaspring’s $19M fund to invest in IoT, VR, fintech & more
– Ministry of Commerce to address grievances & queries on Twitter
– Shemaroo’s movie premiere service Miniplex now on DishTV
– Airtel to club wallets, recharge etc into revamped interface

– TranServ raises $15M from IDFC, Micromax and others
– Facebook rolls out Hindi transliteration tool on Android app
– What mobile operators have said about VoIP in the past
– India third largest source of malicious online activity in 2015: Symantec

– Internet Digest: Google, Fortumo, Ola & more
– CBFC’s online certification to have payment gateway, digitisation of correspondence etc.
– Hotstar launches premium subscription at Rs 199 per month
– Bhaskar Das quits Zee Media; to become Zee Unimedia President

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– Star India wants brands to shell out Rs 8.5 crore to be IPL online co-sponsors
– PepperTap closes online grocery delivery biz; to pivot to logistics
– LogiNext acqui-hires last mile delivery startup YourGuy
– Firefly Networks to install WiFi service in Delhi’s Karkardooma Court Complex

– Reliance Entertainment to relaunch Bigflix next week … again: report
– The possibilities and pitfalls before India’s publishing industry – The Caravan
– Unicommerce denies Delhi HC’s order of using Paytm seller data without consent
– Sri Lanka Telecom to launch streaming service with Hungama

– 23 cities resubmit plans for Smart Cities Mission
– DoT amends Unified Access Service to pave way for VoIP interconnection
– Vodafone in talks with investment banks for IPO: report

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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MediaNama would like to thank its sponsors: Espn, Microsoft, Times Internet and E2E for their support. Data – Broadband connections in India grew by 11.1%...

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© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ