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    1. News Corp’s Raju Narisetti: “The longer Indian media will run scared of charging for content, the harder it will become to solve this issue”

      News Corp’s Raju Narisetti: “The longer Indian media will run scared of charging for content, the harder it will become to solve this issue”

      News Corp has been making significant investments in India over the last year, most noticeably in real estate listings company PropTiger, the acquisition of news and data business VCCircle and the purchase of Bigdecisions.com. In the third part of the interview, Raju Narisetti, senior vice president at News Corp, spoke with MediaNama about Wall Street Journal downsizing in India, western publications setting up shop in India, challenges in mobile advertising and Harper Collins e-books business.

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    2. Zoomcar cautions users as local taxi unions damage cars in Ladakh

      Zoomcar cautions users as local taxi unions damage cars in Ladakh

      Self drive car company Zoomcar has issued another update to its users travelling to Ladakh asking them to exercise caution. Zoom’s email states that “the situation has aggravated and all outside cars (even personal cars) are being restricted from entering Leh. Cases of violence, including manhandling and stone pelting, have also come to light.” Note that Zoomcar has a commercial vehicle designation (black on yellow number plates).

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    3. Twitter has 316M active users; Majority of new additions SMS followers

      Twitter has 316M active users; Majority of new additions SMS followers

      Twitter currently has over 316 million monthly active users (MAUs) globally, reflecting a growth of 15 % year-on-year for the quarter ended June 30, marginally up 2.60% from 308 million MAUs, on a quarter-on-quarter basis. The company added that the vast majority of MAUs added in the second quarter on a sequential basis came from SMS Fast Followers. Twitter added 12 million SMS Fast Followers in the quarter, while core MAUs were 304 million.

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    4. Hyperlocal deals marketplace Little raises $50M from Paytm

      Hyperlocal deals marketplace Little raises $50M from Paytm

      Zovi founders Manish Chopra and Satish Mani have raised $50 million in funding from Paytm, an undisclosed investor and existing investors SAIF Partners and Tiger Global Management for establishing an online to offline app-only marketplace called Little. The founders will use the funds for hiring senior level employees, build its technology and sign up merchants on its platform. The company claims it currently has 400 employees, which it expects to expand to 1,000 by March 2016.

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    5. Diabetacare to embed Vodafone SIM cards in diabetes monitoring devices

      Diabetacare to embed Vodafone SIM cards in diabetes monitoring devices

      Vodafone India’s enterprise arm Vodafone Business Services has partnered with Diabetacare to launch dCare Smart, a device that helps users manage diabetes. The device will use an embedded Vodafone SIM card to connect directly to Diabetacare’s back-end clinical servers for monitoring a patient’s health. According the Diabetacare, the data is monitored by clinicians at its diabetes management centre to report any abnormal readings.

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      Mentions: Vodafone SIM IOT
    6. “Dow Jones & VCCircle will figure out ways to do things together” – News Corp’s Raju Narisetti

      “Dow Jones & VCCircle will figure out ways to do things together” – News Corp’s Raju Narisetti

      News Corp has been making significant investments in India over the last year, most noticeably in real estate listings company PropTiger, the acquisition of news and data business VCCircle and the purchase of Bigdecisions.com. Last week, the company said PropTiger would be listing its Luxury Real Estate Properties on News Corp’s Mansion Global.

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    7. A little story for the new TRAI Chairman RS Sharma

      A little story for the new TRAI Chairman RS Sharma

      RS Sharma has been appointed the new Chairman of the TRAI, and the Chairman as some fairly important processes to oversee now, not in the least, the one on Net Neutrality. The TRAI changed quite significantly under its last Chairman, Rahul Khullar, and I’m reminded of an open house consultation MediaNama participated in. On a fairly pleasant day in Bangalore in November 2011, I had a fairly unpleasant exchange at a TRAI open house session with certain executives from Vodafone India.

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    8. Industry moves: Flipkart, Micromax, CricketCountry and Jungle Ventures

      Industry moves: Flipkart, Micromax, CricketCountry and Jungle Ventures

      Ecommerce giant Flipkart has appointed Krishnendu Chaudhury as head of image sciences, reports ET. At Flipkart, Chaudhury will work towards developing Deep Learning Convolutional Neural Networks for object recognition in images and lead the development of computer vision and image processing technologies along with Peeyush Ranjan, Flipkart’s head of engineering.

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    9. PepperFry raises $100M from Goldman Sachs, Zodius Technology Fund and others

      PepperFry raises $100M from Goldman Sachs, Zodius Technology Fund and others

      PepperFry, the online furniture marketplace, has raised $100 million in funding led by Goldman Sachs, with participation from Zodius Technology Fund and existing investors Bertelsmann India Investments and Norwest Venture Partners, reports WSJ. The company will use the funds to expand its logistics in over 300 towns, adding to its technology team and delivery fleet, new distribution and assembly centres and digital marketing.

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    10. JustDial got 3,46,900 paid campaigns in Q1-FY16; Revenues up 25% YoY

      JustDial got 3,46,900 paid campaigns in Q1-FY16; Revenues up 25% YoY

      Directory services company JustDial conducted 3,46,900 paid campaigns for advertisers for the quarter ending June 30 (Q1-FY16), registering a 25% increase in the number of campaigns, as compared with 2,77,950 campaigns in the same quarter last year. The company had reported 3,31,200 paid campaigns in the preceding quarter, a growth of 4.74%. Campaigns are essentially paid featured listings/recommendations on JustDial’s search.

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    11. HDFC Bank’s handheld devices to act as ATMs

      HDFC Bank’s handheld devices to act as ATMs

      HDFC Bank is rolling out handheld machines across the country that can enable customers in rural areas to carry out most banking transactions enabled by an ATM, reports TOI. The device was launched nearly a year ago in rural areas, where the bank claims to see transactions aggregating to about Rs 1 crore monthly through about 1550 of these ‘micro ATMs’.

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    12. Flipkart to open offline centres for product pick up; Why?

      Flipkart to open offline centres for product pick up; Why?

      Ecommerce giant Flipkart has launched 20 centres across 10 cities in India, in conjunction with its logistics partner Ekart, where users can pick up their products from. Flipkart said that it ventured into this supply chain because some of its users were unavailable during delivery time, other than the restriction of entry for delivery boys in IT parks, gated communities and educational institutions.

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    13. Ola to go app only from next month

      Ola to go app only from next month

      Online cab aggregator Ola claims that it is going app only from next month across its 100 cities of operation. For the uninitiated, Ola also let users book cabs by calling 3355-3355 before this move. The company states that this number will now be used for call centre operations (customer support). Interestingly, on calling the customer support number, I was informed that Ola does not take bookings through phone anymore.

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    14. Funding roundup: BroEx, IndiaMLS, Zoctr and Townrush

      Funding roundup: BroEx, IndiaMLS, Zoctr and Townrush

      BroEx raises $1M in seed funding from Lightspeed BroEx, a Gurgaon based collaboration platform for brokers, has raised $1 million in seed funding from Lightspeed India, reports Vccircle. The company will use the funds for expanding to other cities, invest in product development and launch complimentary products for brokers. Founded in 2014 by Pallav Pandey and Mukul Kumar, BroEx is a networking app that helps real estate agents find inventories from people beyond their network.

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    15. Google delinks Google+ from YouTube, other services to follow

      Google delinks Google+ from YouTube, other services to follow

      It was long overdue but Google’s like “its never too late”. Keeping that in mind, Google+ is de-linking its profiles from other popular Google services with YouTube being first in line. “While we got certain things right, we made a few choices that, in hindsight, we’ve needed to rethink. So over the next few months, we’re going to be making some important changes,” Google said on its official blog.

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    16. Quikr raised $83M from AB Kinnevik in all; micro sites for key verticals

      Quikr raised $83M from AB Kinnevik in all; micro sites for key verticals

      Classifieds site Quikr raised SEK 346m ($40.55 million) in April, from its existing investor AB Kinnevik, the company announced in its Q1 results presentation. At that time, the company had raised $150 million from existing investors Tiger Global and AB Kinnevik and new investor Steadview Capital. The company had said that it would use the funds to invest in its mobile business and strengthen its hold in categories like goods, cars, real estate, jobs and services.

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    17. Rohit Ohri quits Dentsu after a four year stint

      Rohit Ohri quits Dentsu after a four year stint

      Rohit Ohri has quit his post as the CEO of Dentsu Asia Pacific after four years at the company, reports BestMediaInfo. The Dentsu India Group had previously appointed Ohri as Executive Chairman back in 2011. He had recently moved to Singapore in June 2015 to take on the role of CEO of Dentsu Asia Pacific. It’s not clear why Ohri quit or what he plans to do next. Prior to Dentsu, Ohri was at JWT India as a Managing Partners.

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    18. Heavy advertising spends bring Naukri profit down to Rs 28.7 Cr in Q1-FY16, despite Rs 171.8 Cr in revenues

      Heavy advertising spends bring Naukri profit down to Rs 28.7 Cr in Q1-FY16, despite Rs 171.8 Cr in revenues

      Info Edge Ltd, the company which owns Naukri.com, Jeevansathi, 99Acres, Shiksha.com, among others has reported a net profit after tax (on a standalone basis) of Rs 28.7 crore for the quarter ended June 30th, 2015, registering a 28% decline from Rs 39.8 crore profit in the same quarter last year and down 65% from Rs 82.1 crore profit in the previous quarter. Q4 is typically Info Edge’s strongest quarter, so a year on year comparison is more apt.

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    19. Reliance Jio claims presence in 18,000 cities & towns in all states

      Reliance Jio claims presence in 18,000 cities & towns in all states

      Reliance Industries Limited’s (RIL) digital and telecom arm Reliance Jio Infocomm claims that it is now present in all 29 states in India and has a direct physical presence in nearly 18,000 cities and towns. The company said this in an earnings release for the quarter ended June 30. It has also built an optical fibre network consisting nearly 250,000 route kilometres.

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    20. Playnlive launches app to book sports facilities locally online

      Playnlive launches app to book sports facilities locally online

      Delhi based Playnlive Sports India, a startup which lets users search, plan and book sports slots at grounds and courts, has launched an Android (Windows and iOS coming soon) app called Playnlive. The app lets users find and book fitness centres, sports clubs, sports academies, gyms and yoga centres along with sessions for personal fitness and yoga trainers at home.

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      Mentions: Delhi NCR NCR
    21. Masaan gets John Doe order for blocking websites

      Masaan gets John Doe order for blocking websites

      File sharing websites are likely to be blocked, because Phantom Films has been granted a “John Doe” order by the Bombay High Court for blocking sites that may be used to pirate its movie Masaan. John Doe (or Ashok Kumar) orders allow movie studios to push ISPs to indiscriminately block access to video sharing, filesharing and torrenting sites, that they believe can be used to pirate the film.

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    22. redBus now offers bus tickets in Singapore and Malaysia

      redBus now offers bus tickets in Singapore and Malaysia

      Ibibo-owned online bus ticketing site redBus.in has launched in Singapore and Malaysia. Users in these countries will be able to book bus tickets between Singapore and Malaysia, as well as cities within Malaysia, either through the domain redBus.sg or the native Android/iOS app. According to redBus, this launch is a part of its new ‘redBus global platform’, that will support multiple currencies, time zones, languages and is integrated with international payment systems.

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      Mentions: Naspers
    23. Eko, Card Pro and Paul Fincap get wallet license from RBI

      Eko, Card Pro and Paul Fincap get wallet license from RBI

      The Reserve Bank of India (RBI) has given Eko India Financial Services, Card Pro Solutions and Paul Fincap Private Limited prepaid payments instruments licenses to operate a wallet in the country. The RBI website shows that Eko Financial Services got its license in March 2015 and is valid up to March 2020. Card Pro Solutions and Paul Fincap’s licenses are valid up to June 2020 and were issued in June 2015.

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    24. Hungama launches HungamaPlay; to stream movies in regional languages

      Hungama launches HungamaPlay; to stream movies in regional languages

      Digital entertainment company Hungama has launched HungamaPlay, an application for streaming SD and HD movies on iOS and Android. The company claims that the app will feature over 6,500 movies from Bollywood, Hollywood and in regional Indian languages like Telugu, Tamil, Marathi, Oriya, Bhojpuri, Gujarati, Kannada, Bengali and Punjabi (overall 12 languages). The catalog will include films like DDLJ, Maine Pyaar Kiya, Silsila, Interstellar, Horrible Bosses and Jupiter Ascending.

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