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Weekly Digest (03rd-10th June 2016)

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

Other Updates:

– Private: TRAI initiates consultation paper on cloud computing
– Line to go public in Tokyo & New York; to raise over $1B in dual IPO
– Wonobo’s consumer facing “street view” website now inactive
– Moves digest: Truecaller, Paytm and Twitter

– Ola Money partners with eBay, YepMe and AskmeBazaar
– What we’re reading: On ISPs, online advertising, Uber & more
– FremantleMedia to stream its Facebook series in audio on Saavn
– Funding Roundup: CreditVidya, ListUp, 6Degree & more

– Google Street View struck down by Indian Govt for security reasons: Report
– Paytm clarifies that its wallet cannot be used to pay for Uber rides abroad
– Zomato’s updated algorithm will weed out biased reviews retroactively
– Flipkart promotes Peeyush Ranjan as group chief technology officer

– MTNL appoints PK Purwar as Chairman & Managing Director
– Data bills are rising due to video ads but consumers are unaware: Study
– HDFC Bank launches Ultracash for mobile proximity payments
– What we’re reading: On the internet, ecommerce, AI, the media & more

– Rakuten hires Infibeam’s Sachin Dalal as India Head
– Monster Worldwide acquires Jobr; refocuses its efforts on mobile
– Updated: Uber users can now stream songs from Gaana during rides
– Apple pushing subscriptions for apps; introduces ads on App Store search

– How not to get conned by fake software audits – Pricebaba
– SBI blocks wallets from using net banking to load money due to online fraud
– StoreKing raises $16M from Axiata Digital to expand retailer base
– SonyLiv partners with Whistling Woods to stream films created by students

– Petition wants Star India & Discovery licenses cancelled for charging subscription yet running ads
– JustDial’s VSS Mani says Omni’s revenues will meet Search’s revenues soon
– Exclusive agreements between builders & telcos creating monopoly: TRAI consultation paper
– Telecom Commission to recommend 3% SUC across all bands except BWA

– Amazon announces a further $3B investment in India biz; pressure on Flipkart & Snapdeal
– Online travel accounts for 61% of Indian ecommerce: IAMAI-IMRB study
– Math training startup Cuemath raises $4M from Sequoia & Unitus
– Public transport info & route search app TRAFI launched in Pune

– PayUmoney launches POS terminal without monthly rental
– Mobile CRM company Helpshift secures $23M in funding
– RBI panel to study what kind of fintech developments should happen
– Adobe’s Umang Bedi to join Facebook as India MD

– RCOM expects CDMA migration to conclude by end-July
– Update: MobiKwik in talks with RBI to clear the air on ‘6% annual profit’ offer
– Airtel appoints Ashok Ganapathy as Director of Airtel Business
– Voonik launches Vilara; acqui-hires 3 Startups

– RI Networks launches broadband service Timbl in Delhi: Report
– Oxigen to launch VNO services by end of 2016: report
– UCWeb launches news app UC News in Hindi & English
– Paytm to split marketplace biz to fence it from ‘regulated’ payments biz

– Funding Roundup: CoutLoot, Limo, iCliniq & more
– Zomato’s unit economics for food delivery in India – Deepinder Goyal, Zomato
– 80% of India’s population have a mobile subscription: Ericsson report
– Idea called off Videocon deal to buy 4G spectrum through auctions instead

– Netflix’s first India based series will be available for streaming globally
– Why Ola, Paytm, Future Group & others shouldn’t apply for a VNO license in India
– Sony Pictures got John Doe order for its movie Azhar
– Intel Capital sells remaining 5.3% stake to exit Intrasoft Technologies

– Junglee launches pilot to facilitate sale of used goods
– OLX denies testing logistics service to expand beyond classifieds
– Now any company can offer mobile and Internet services: Lowdown on new VNO policy
– Mobile Internet services blocked in Sonipat, Haryanya; 7th incident this year

– Roadrunnr acquires TinyOwl; Runnr live in Mumbai with delivery tracking
– Twitter testing new ad unit to curate multiple tweets within a single ad
– UberPOOL has 50,000 weekly users in Delhi & Bangalore; expansion
– Funding Roundup: Consure Medical, Veqta, Droom & more

– Micromax may sell smartphones in China by 2017: report
– 70% of ecommerce purchases in Q1FY16 were through COD: Report
– Facebook’s DeepText AI to interpret text based posts
– Updated: AskMe Group launches its wallet AskmePay; bugs in the app need to be fixed

– ESPN to offer localised content through India site & app
– The Mary Meeker 2016 report & India’s Whatsapp opportunity – Anand Lunia, IndiaQuotient
– Pune University to launch e-learning content & digital classrooms today
– Govt to matrimonial sites: Check ID proof & store IP addresses

– Industry moves: LeEco, Twitter, COAI, Nasscom & Myntra
– Amazon invests Rs 1,350 crore in India unit; second infusion in the year
– Digital Empowerment Foundation to rent used phones to rural citizens
– MediaNama’s submission to the MHA on the Geospatial Information Regulation Bill, 2016
– EU Commission & internet cos to take down online hate speech in 24 hours
– Following Delhi, Uber suspends surge pricing in Karnataka: 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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    © 2008-2018 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ