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Weekly Digest (05th-12th June 2015)
MediaNama would like to thank its sponsors:Paytm, Getit, Times Internet, Akamai and E2E for their support. Investment & M&A – Funding roundup: AdStringO, Allizhealth, Voonik and... .
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Updated: Free roaming for BSNL from 15th June: Ravi Shankar Prasad
Telecom and IT minister RS Prasad has announced over Twitter today that BSNL’s free roaming has come into effect from today: From today no more... .
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Patrika’s online news venture “Catch” goes live; Interesting content formats
Catch, the online news venture from The Patrika Group (with also publishes Rajasthan Patrika) has gone live today, becoming the latest to join the online news... .
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Bedbathmore acquires graphic art marketplace Crude Area
Online home furnishing portal BedBathMore.com has acqui-hired graphic art marketplace Crude Area in an all stock deal. In a statement, the company said that the... .
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Snapdeal acquires mobility solutions company Letsgomo
Snapdeal has acquired mobility solutions company Letsgomo Labs. With the acquisition, the 76 member Letsgomo team has joined Snapdeal. Its website is currently inaccessible and... .
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ShopClues launches financing platform for merchants called Capital Wings
Ecommerce marketplace ShopClues has launched a financing platform for its vendors called Capital Wings, in order to help them raise funds to expand their business online. The company... .
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Reliance Communications in discussions to merge with MTS
Reliance Communications (RCOM) is in discussions to merge with MTS, Sistema’s Indian telecom business through a stock swap, RCOM has said, in a BSE filing:... .
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SEBI allows foreign venture funds to register as FPIs
The Securities and Exchange Board of India (SEBI) has allowed allowed foreign venture capital investors (FVCI) to be registered as foreign portfolio investors (FPI) if... .
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Gaana partners with The Orchard; claims 10M song library
Times Internet owned music streaming service Gaana has tied up with The Orchard, an American music film and video distribution company to add 7 million more... .
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Government launches job portal for MSMEs; registration doesn’t work
The government has launched a website for job seekers and employers in the micro, small and medium enterprises sector (MSMEs) to provide job listings in... .
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Groupon ties with Xploree to offer real time in-app deals
Local coupon and deals generating platform Groupon India has partnered with search and discovery platform Xploree to offer users real time deals on dining, wellness,... .
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Court says transport dept rejecting Ola associates’ license application is...
The Delhi Court has passed an order stating that the Delhi Transport Department cannot reject the radio taxi licenses of Apra Cabs India Pvt Ltd... .
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Funding roundup: Guiddoo, Faircent, Shippr and Karma Recycling
Guiddoo raises seed funding from six angel investors Travel guide startup Guiddoo has raised an undisclosed amount of seed funding from six angel investors, including... .
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News Corp increases PropTiger stake to 30%
News Corp has raised its stake in online real estate platform PropTiger from 25% to 30%, though the terms of the deal hasn’t been disclosed.... .
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Thejesh GN demands apology from Flash Networks for violation of privacy
Bangalore-based infoactivist and programmer Thejesh GN, who had been sent a cease & desist notice by Flash Networks, has mentioned that his decision to publish... .
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With no carrier deals in place, Google enables app purchases via vouchers
Google has introduced Google Play prepaid vouchers which will allow users to buy digital content (apps, books, buying and renting of movies) on Google Play... .
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BSNL to launch its own wallet with State Bank of India: Report
State-run telecom operator BSNL will be launching its own mobile wallet in the next two months, with State Bank of India (SBI) as its banking... .
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Outbrain renews partnership with Network18, adds new Indian publishers
Online content discovery platform Outbrain has renewed its partnership with Network18, and has brought on board a number of other Indian publications, including Indian Express, ABP... .
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MTNL appoints NK Yadav as chairman and managing director
State-run telecom operator MTNL has appointed NK Yadav as its new chairman and managing director (CMD). MTNL said that PK Purwar has relinquished his charge... .
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Paytm pulls Paytm Zip from Play Store; will be back soon with updates
Looks like Alibaba backed Paytm* has removed its grocery delivery app Paytm Zip from the Play Store, about 2 months after launching it. This was... .
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