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    1. Bubbly getting acquired by Indian mobile VAS company Altruist Group

      Singapore-based social voice messaging company Bubbly (formerly known as Bubble Motion) has been acquired for an undisclosed amount by India-based mobile VAS company Altruist Group, reports TechInAsia.

      Last week, TechInAsia had reported that it had learnt from sources that Bubbly was on the verge of liquidation, after a few acquisitions deals failed to work out. Also, it seems Bubbly had carried out the due diligence process a number of times in the past nine months, anticipating acquisitions.

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      Mentions: Altruist Group VAS
    2. June 2014: 795.61M Active Mobile Connections In India; BSNL Loses 2.14M Connections

      According to the Indian telecom regulator TRAI, India added 5.05 million “active” connections during the month of June 2014, while it added 4.76 million total connections during the month. This indicates that several users who hadn’t been using their extra SIM card, began using it since the call rates have gone up and the propensity to use an additional SIM for cheaper calls might have increased.

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    3. Policybazaar ventures into financial advisory services with Paisabazaar.com

      eTechAces Marketing and Consulting, which operates the online insurance policy aggregator Policybazaar, has launched a financial advisory services platform called PaisaBazaar, reports Techcircle. The platform will look to sell loans, credit cards, gold funds, mutual funds, exchange-traded funds and corporate deposits.

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    4. Times Internet’s ALIVE now lets users create interactive wedding card invitations

      Times Internet’s augmented reality app ALIVE has launched ALIVE Wedding Cards, which lets users create interactive wedding card invitations. Users can add details like, venue locator using Google Maps and wedding date reminder. Plus, multimedia content like, background music and templates to the wedding card.

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    5. Zomato acquires Lunchtime & Obedovat for $3.25M to enter Czech Republic & Slovakia

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      Restaurant search and discovery service Zomato has acquired Czech Republic’s restaurant guide Lunchtime.cz and Slovakia’s restaurant guide Obedovat.sk for a combined amount of $3.25 million to enter the respective markets.

      Zomato mentions that the Lunchtime acquisition is already complete while the Obedovat acquisition is expected to be completed by end of September.

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    6. Eros International’s digital & ancillary revenues up 54.3% YoY to $10.8M in Q1-FY15

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      Eros International has reported digital and ancillary revenues of $10.8 million for the quarter ended June 30, 2014, registering a significant 54.3% increase from $7 million revenues in the same quarter last year. As always, the company however hasn’t disclosed revenues separately for the two segments, both of which include components of what might be defined as digital businesses.

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    7. Huffington Post to launch Indian edition in November with the Times of India group

      AOL-owned American news website The Huffington Post has officially announced its partnership with the Times of India group to launch the much delayed Indian edition of its news site. This will be the 12th International edition for Huffington Post which already offers dedicated editions for Brazil, Canada, Germany, Spain, France, Italy, Japan and Korea among others.

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    8. DeitY envisaged ‘Digital India’ gets a nod from the cabinet

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      Department of Electronics and Information Technology (DeitY) envisaged programme ‘Digital India’ received an approval from the Cabinet yesterday. The programme will be implemented in phases from now till 2018 and will aim to ensure that all Government services are made available electronically and bring connectivity to every citizen.

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    9. GroupM revises ad spend growth estimate from 11.6% to 12.5%

      Media buying agency GroupM has revised its estimates of annual advertising expenditure growth for 2014 to 12.5% from 11.6%, released earlier this year. This revision is part of the agency’s global report This Year, Next Year (TYNY) 2014, and indicates an improved sentiment in the Indian market, and increased expectation of advertising spends. The report also projects that India, along with Brazil and Russia, as the fastest growing ad markets in the world.

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      Mentions: GroupM WPP
    10. Bombay Dyeing to foray into e-tailing; Will launch mobile apps

      Textile major Bombay Dyeing is foraying into e-commerce, reports the Times of India. Apparently, it will launch a mobile-friendly online platform and mobile apps within the next two months.

      The company had executed a soft launch of its website (mybombaydyeing.com) a month-and-a-half ago. Bombay Dyeing’s bed and bathroom products range is already available on other e-tail platforms like, Flipkart, Jabong, and FabFurnish, among others.

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    11. On contradictory reports on TRAI consultation on Internet Services Regulation

      Over the past few days, we’ve received mails and messages from our readers, inquiring about why we haven’t written about the Telecom Regulatory Authority of India reportedly deciding to shelve plans for a Consultation Paper on a regulatory framework for Internet Services in India.

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    12. TaxiForSure raises Series C investment from Accel Partners, Bessemer & Helion

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      Bangalore-based Taxi aggregator TaxiForSure has raised an undisclosed amount of Series C investment from Accel Partners US and existing investors Bessemer Venture Partners & Helion Venture Partners, just three months after securing $10 million investment.

      While the company didn’t disclose the investment size, it noted that the investment firm usually invests anywhere between $35 million to $50 million. The Times Of India however pegs this investment to be around $30 million.

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    13. Thomson Reuters: we’ll take your articles if you don’t tell us not to

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      We received a email from Thomson Reuters last evening, informing us that unless we write back to them in 14 days denying them the use of our articles, they will take the lack of refusal, as an indication of consent to use them. What’s more, they will presume that we’ve given them the “right to use, incorporate and distribute the Content in its Services to its subscribers and to permit such subscribers to use and redistribute the Content.”

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    14. Barry White resigns as OnMobile director

      Barry B White has resigned as OnMobile Global director with effect from August 14, 2014, the company has informed BSE.

      It notes that White has resigned since his other commitments made it difficult for him to attend Board and Committee meetings of OnMobile in India regularly.

      White had joined the company board in October 2013 as an Independent Non-Executive Additional Director. Prior to this, he was serving as the US ambassador to the Kingdom of Norway for four years.

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      Mentions: OnMobile White
    15. Bhuvan updated: 3D globe view, state viewer, landslide warnings & others

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      Indian Space Research Organization’s National Remote Sensing Centre (NRSC) has updated its Google-Earth like satellite mapping tool Bhuvan. The new features include -

      Open Source Bhuvan 3D: NRSC has released a platform and plugin independent 3D ‘globe’, Bhuvan 3D - based on WebGL. By default, the globe displays satellite imagery. Places can be searched for although its listings are not as comprehensive as Google Earth’s.

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    16. Guwahati police launch real-time crime monitoring platform Crimatrix

      Guwahati police has launched a community-based real-time crime monitoring platform Crimatrix, reports The Times of India.

      This platform currently allows citizens in Guwahati to report vehicle thefts via SMS, which is apparently transmitted immediately to all police officers on the field. However, it notes that citizens have to file an FIR at a nearby police station and this service is meant to only reduce the time gap between the theft discovery & filing an FIR.

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    17. IRCTC to reportedly offer cash-on-delivery for railway ticket bookings

      This is interesting: Indian Railway Catering and Tourism Corporation (IRCTC) will soon offer a cash-on-delivery (CoD) payment option for buying railway tickets, reports Livemint citing two sources.

      One of the sources told the publication that the service will be made available through a partnership with BookMyTrain.com and it is expected to go live in 4-6 weeks.

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