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    1. Google tweaks mobile search algorithm; should companies be worried?

      Google tweaks mobile search algorithm; should companies be worried?

      Starting today Google will mark-down websites that aren’t mobile friendly in search rankings and mark-up websites that are mobile friendly, reports Forbes. Want to know if your website is mobile friendly? Google has a test for it. The search giant will also look at individual pages for a particular domain based on this new parameter. Note that this change in ranking will only reflect in searches made through mobile phones and not for searches made on a tablet or desktop.

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    2. Industry Moves: Madison Media, Reliance Jio and Walmart India

      Industry Moves: Madison Media, Reliance Jio and Walmart India

      GroupM’s Vikram Sakhuja joins Madison Media and OOH as CEO

      GroupM strategic development officer Vikram Sakhuja has joined Madison Media and Madison OOH as its new chief executive officer, reports the Economic Times. Sakhuja will also own a “low single digit minority stake” in Madison Media and Madison OOH, which will go up over some years to low double-digit stake the report added.

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    3. TV Today Network approaches HC for a decision to sell Oye FM

      TV Today Network approaches HC for a decision to sell Oye FM

      TV Today Network has approached High Court with an urgent writ petition to expedite the sale of its radio stations to Bennet, Coleman and Company Limited (BCCL) promoted Entertainment Network India Limited (ENIL) as its permissions from the ministry of information and broadcasting are getting delayed, the company informed in a notification with the Bombay Stock Exchange.

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    4. Sulekha raises $28 M from Gic & Norwest; to expand to more cities

      Sulekha raises $28 M from Gic & Norwest; to expand to more cities

      Online classified website Sulekha.com has raised Series C funding worth ~$28 million (Rs 175 crore) from Singapore’s GIC and VC Norwest Venture Partners, reports Mint. The funding will go towards investing in its mobile app, expanding categories and adding Tier I and II cities in the app, and branding and marketing.

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    5. Network18 posts a profit of Rs 10.58 cr on revenues of Rs 841.4 cr in Q4-FY15

      Network18 posts a profit of Rs 10.58 cr on revenues of Rs 841.4 cr in Q4-FY15

      RIL owned Network18 has reported a net profit of Rs 10.58 crore for the quarter ended March 31, 2015 (Q4-FY15), up from Rs 4.12 crore loss in the same quarter last year and from Rs 12.15 crore loss in the previous quarter.

      The company’s total operational revenue increased to Rs 841.4 crore for the quarter, up 13.9% from Rs 728.2 crore in the same quarter last year and marginally up 1% from Rs 831.9 crore in the previous quarter.

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    6. Zomato introduces online ordering in Delhi; restaurants with better ratings to pay less commission

      Zomato introduces online ordering in Delhi; restaurants with better ratings to pay less commission

      Restaurant aggregator Zomato has started its food delivery service in Delhi NCR with Mumbai, Bangalore in the offing along with more cities. (Hat tip: Manish Malik) Zomato had been planning to launch the service in March, Deepinder Goyal, chief executive and founder of Zomato, had said in a Reddit Ask Me Anything.

      No need to call, click to order

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    7. FireFly Networks deploys WiFi service at the Supreme Court of India

      FireFly Networks deploys WiFi service at the Supreme Court of India

      FireFly Networks, a joint venture between India’s largest telecom operators Airtel and Vodafone, has installed WiFi services on the premises of the Supreme Court of India, the apex court informed in a notification (pdf).

      “In order to overcome the difficulties being faced by the members of the Bar and other visitors to the Supreme Court in having Internet connectivity in the Supreme Court, as per directions, the matter was taken up with various service providers, including FireFly Networks Limited, for providing wi-fi services. It is hereby informed that a provision for Wi-Fi access for the members of the Bar ...

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    8. Paytm parent One97 launching e-grocery app called Zip; Bangalore pilot on cards

      Paytm parent One97 launching e-grocery app called Zip; Bangalore pilot on cards

      Paytm’s parent company One97 Communications is reportedly getting into the e-grocery segment with a new app called Zip which will connect local offline and online grocers, reports Business Standard. A beta version of the Zip app will be launched later today.

      Grocery to be next gateway for us! #PaytmKaro : http://t.co/TiJhGzWyyi

      — Paytm (@Paytm) April 20, 2015

      Bangalore first, then Delhi

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    9. HealthKartPlus gets $6M injection; rebrands itself as 1 mg

      HealthKartPlus gets $6M injection; rebrands itself as 1 mg

      Pharmacy network and medicine search engine HealthKartPlus has raised funding worth $6 million from Deep Kalra, founder of MakeMyTrip, Sequoia Capital, Omidyar Network, Intel Capital and Kae Capital, reports Mint. The funding will be used for scaling up, expanding to other cities like Mumbai, Hyderabad, Chennai, Pune and Chandigarh by end of this year.

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    10. ICICI Bank launches NFC payments service with Tech Mahindra

      ICICI Bank launches NFC payments service with Tech Mahindra

      India’s largest private sector lender, ICICI Bank, has launched a new service called ‘Tap n Pay’ which enables near field communications (NFC) payments for users using NFC enabled tag or mobile phone at the merchant’s point-of-sale device. ICICI Bank has roped in IT major Tech Mahindra for the contactless payments solution and currently  the solution is being offered at large campuses of corporate offices. ICICI Bank and Tech Mahindra have plans to extend this service across the country.

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    11. Godot Media founders launch content discovery & social media scheduling platform DrumUp

      Content writing services provider Godot Media’s co-founders Sophia Solanki and Vishal Dutta have launched a content discovery and social media scheduling platform called DrumUp. The Android app is expected to be released in a week or two. DrumUp allows small businesses, startups and individual professionals to discover relevant content for their audience and schedule the posts for Twitter and Facebook. DrumUp is currently in beta and doesn’t charge a fee.

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    12. TaxiForSure founders Raghunandan and Radhakrishna quit the company

      TaxiForSure founders Raghunandan and Radhakrishna quit the company

      Following its sale to larger rival Ola, TaxiForSure co-founders Raghunandan G and Aprameya Radhakrishna have quit the company reports TechCircle. Earlier in March, Ola acquired the Bangalore-based online cab booking service for $200 million in a cash and equity deal and at the time it was announced chief operating officer Arvind Singhal would be appointed as the chief executive of the company while Raghunandan and Radhakrishna would move into advisory roles at the firm.

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    13. Junglee starts selling unboxed and refurbished electronic products from Overcart & GreenDust

      Junglee starts selling unboxed and refurbished electronic products from Overcart & GreenDust

      Looks like Amazon India’s e-commerce & price comparison portal Junglee has started selling unboxed, factory seconds, refurbished and surplus electronic products such as mobile phones & tablets, cameras, TVs, refrigerators, and washing machines among others. Junglee has also added e-commerce marketplace for unboxed and refurbished products Overcart.com and Lightbox-backed GreenDust.com as Sellers on the platform.

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    14. Foodpanda launches delivery services in 5 cities; plans to expand to 7 more in 6 months

      Foodpanda launches delivery services in 5 cities; plans to expand to 7 more in 6 months

      Rocket Internet-backed online food ordering service Foodpanda has now forayed into food delivery service as well. The service has been launched in 5 cities at present – Bangalore, Delhi, Hyderabad, Mumbai and Pune. The company plans to expand the service to 7 other cities over the next 3-6 months, though it didn’t name any specific city.

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    15. Lukup applies for Mso, Isp licenses; to bundle OTT content with TV and Internet

      Lukup applies for Mso, Isp licenses; to bundle OTT content with TV and Internet

      On demand TV player and interactive advertising platform Lukup Media is looking to expand its over-the-top (OTT) services by acquiring multi-system operator (MSO) and internet service provider (ISP) licenses, reports IndianTelevision. These bundled services will let Lukup deliver OTT content with traditional TV and internet.

      Stream protected content

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    16. Robosoft raises $12M from Ascent & Kalaari; 99Games & Global Delight to be independent companies

      Robosoft raises $12M from Ascent & Kalaari; 99Games & Global Delight to be independent companies

      Software development company Robosoft has raised a Series B funding of ~$12 million from Ascent Capital and existing investor Kalaari Capital. Ascent led the round with ~$10 million while the rest came from Kalaari. Rohit Bhat, CEO and MD of Robosoft said that the funds will go towards scaling across segments, investment in products, user acquisition and expanding their offerings.

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    17. Helion Venture Partners raises $300 mn to invest in early, mid startups in India

      Helion Venture Partners raises $300 mn to invest in early, mid startups in India

      Venture capital firm Helion Venture Partners has raised $300 million for startups in India, reports TechCrunch. Helion’s startup portfolio which includes Housing.com, TaxiForSure, ShopClues and MakeMyTrip is looking to invest in early stage and mid stage startups in India with the latest round of funding. Typical investments will range from $1 million to $10 million and the fund is expected to last for three to four years, Helion co-founder Sanjeev Aggarwal told the publication.

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    18. Online test prep startup Toppr acquires competitor EasyPrep

      Online test prep startup Toppr acquires competitor EasyPrep

      Online test prepping platform Toppr has bought JEE prep test-taking platform EasyPrep for an undisclosed sum. Toppr had raised $2 million from SAIF Partners and Helion Ventures in May last year and planned to use the funds for scaling up and increasing their reach. We’ve emailed the company and will update the article once we hear from them.

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    19. Info Edge’s stake in PolicyBazaar down to 18%, following recent round of funding

      Info Edge’s stake in PolicyBazaar down to 18%, following recent round of funding

      Info Edge, which was the first company to invest in online insurance aggregator PolicyBazaar, has informed the BSE that its stake in PolicyBazaar’s parent company eTechAces Marketing and Consulting Pvt. Ltd currently stands at 18%, following PolicyBazaar’s recent round of funding in which it raised Rs 255 crore (about $40 million) from PremjiInvest and a set of new and existing investors including Tiger Global, Ribbit Capital, Steadview Capital and ABG Capital.

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    20. Carzonrent acquires Ridingo to provide ridesharing services

      Carzonrent acquires Ridingo to provide ridesharing services

      Car rental company Carzonrent India Pvt Ltd , which operates radio taxi services under the name EasyCabs, has acquired the rideshare startup Ridingo, reports The Economic Times. Following this acquisition, Carzonrent will get into the ride sharing business, which it expects to be 75% of its total business in the next 5 years. The companies refused to reveal the value of the cash and share deal.

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