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Weekly Digest (06th-13th May 2016)

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

Earnings Mar-16

– Zee Entertainment’s ad revenues grew 29.1% to Rs 864.5 crore in Q4 FY16
– Almost 67% of Gati’s ecommerce business orders are Cash On Delivery

Other Updates:

– #TrendingTopics: “Facebook is liberal by conservative estimates”
– Google’s iOS keyboard can search without leaving the current app
– NIIT partners with edX to launch MOOC courses from MIT, W3C, Harvard & more
– Paytm ties up with Cinepolis and Mother Dairy for payments

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– Intel Capital sold off 51.13% of its stake in Intrasoft Technologies
– Updated: ScoopWhoop & Newslaundry launch a documentary series on YouTube
– 50% of India Property’s users came from mobile in March ’16
– Ministry of Textiles ties up with NDTV Ethnic Retail to promote India Handloom

– Pebble launches smartwatches in India exclusively on Amazon
– COAI to DoT: Allocating white spaces to unlicensed players distorts market
– RBI gives guidelines to surrender wallet licences; what about wallets loaded via cash?
– Apple puts $1B in Didi for autonomous cars & integrating Apple products

– IDG Ventures secures $150M for its $200M India Fund III
– Facebook ad policy will not allow any banner ads including image overlays
– How VCs are impacted by the change in the India-Mauritius tax treaty – Deepak Shenoy, Capital Mind
– IRCTC adds ZoopIndia to deliver food to passengers; site doesn’t work

– E-tourist visa issuance grows 266% to 70,045 in April
– TRAI recommends changes in interconnection policies between IPTV, HITS and cable operators
– Capital Float raises $25 million in Series B round of funding
– Google Translate gets in-app translations on Android & offline mode on iOS

– Tell us what you’d like to read
– Hotstar adds 4,000 hours of Malayalam content to its platform
– Skype now enables buying credit using Indian cards and netbanking
– JioMoney wallet launched; dormant accounts maybe charged maintenance fee

– AskmeBazaar to sell motorbikes online in Pune
– Industry moves: FreeCharge, Snapdeal, Pepperfry CFO, TranServ & Housing
– Internet Digest: Google, nexGTv, Quikr, Blackberry & more
– WhatsApp’s new desktop apps live with web & mobile app features

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– Govt’s Central Monitoring System already live in Delhi & Mumbai
– SoftBank results: How Snapdeal, Ola and OYO Rooms fared in Q4 2015-16
– Quikr expands services vertical with Salosa acquisition
– Amazon launches royalty based video service Amazon Video Direct

– Swiggy raises $7M: report; Daily orders grow 3,400% over a year to 35k
– Apple promotes Sanjay Kaul as India head
– How India’s bankruptcy code will work
– MTNL says its injected ads don’t capture user data, but we are not convinced

– Health & fitness app HealthifyMe secures $6M in funding
– Funding Roundup: RailYatri, DocsApp, Impactguru & more
– Nearly 75% of Cleartrip’s traffic in Q4FY15 came via mobile
– MagicX to offer transactions in 8 Indic languages with help from Reverie

– Debashish Ghosh quits Zee Digital; to join as COO of LeEco
– Updated: ASCI calls out Ola Cabs, Airtel, Hike Messenger & others for false advertising
– COAI tells DoT: Routing calls over internet is illegal and creates losses
– Duties on import of mobile phone components reduced

– Times Internet’s Gaana appoints Prashan Agarwal as COO
– Moves: OYO, Netflix, Paytm, Lendingkart, Ziox, & more
– Indian Government setting up online marketplace for procurements up to Rs 50,000
– TinyOwl & Roadrunnr to merge: report; Investor details

– Snapdeal ties-up with UrbanClap to offer personal services on app
– The Lowdown: Zomato vs HSBC Securities on valuation
– Geospatial Information Bill: It’s not just about maps or national security
– Industry moves: Stayzilla CPO, Jabong CBO and LYCOS CFO

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– On Swiggy charging a “surge fee” to deliver food on holidays
– Shemaroo’s new media revenues increase by 54.3% to Rs 17.66 Cr in Q4 FY16
– SBI to charge fees on wallet-to-account transfers for its Buddy Wallet
– Titan to acquire online jewellery store CaratLane

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