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MOBILE DUOPOLY
Rapido raises $240 million from Prosus, WestBridge, Accel; valuation hits $3 billionUrban mobility startup Rapido has secured $240 million in a funding round led by Prosus, valuing the company at $3 billion. This raise is p...- Ola Consumer turns free cash flow positive in H2 FY26 post biz rejigIndia's oldest cab aggregator, Ola Consumer, has achieved free cash flow positivity in the second half of FY26, marking a significant turna...
- Capital market stocks: Time to change strategy? 10 stocks from different parts of the ecosystemThe capital market infrastructure sector has grown into a full-fledged, publicly-traded ecosystem. Today, investors can pick from exchanges...
- Zomato hikes platform fee for users by Rs 2.40 per orderZomato platform fee hike: The last such hike was happened in September 2025. Including taxes, Zomato's food delivery rival Swiggy is curren...
- US-based Accel Leaders Fund may join Rapido’s $600 million round: SourcesAlong with the two investors, Accel’s India outfit is also participating in the transaction, which includes both primary and secondary comp...
- India’s quiet drift toward duopoly: A risk investors can no longer ignoreIndia's markets are consolidating into duopolies, with two dominant players controlling nearly 90% of sectors like aviation, food delivery,...
- Google and Apple face extra UK scrutiny over 'strategic' role in mobile platformsThe Competition and Markets Authority escalated scrutiny of the two US tech companies Google and Apple by labeling them with "strategic mar...
- Apple says UK mobile market shake-up could harm users and developersApple warned that Britain’s plan to boost competition in mobile operating systems could harm users, developers, and innovation by forcing i...
- Rapido's food delivery app Ownly goes live in BengaluruThe company is looking to take on incumbents Zomato and Swiggy by aiming to replicate its success from the ride-hailing sector, where it ha...
- UK steps up scrutiny of Apple and Google over mobile platformsThe Competition and Markets Authority's announcement Wednesday follows separate investigations it opened at the start of the year into Goog...
- Apple and Google face more UK antitrust scrutiny over mobile ecosystemsThe plans announced on Wednesday follows findings by an inquiry group at Britain's Competition and Markets Authority (CMA) that a number of...
- Mobile browser duopoly: UK watchdog calls for investigation into Apple-GoogleA British regulatory report suggested that Apple's policies might be hindering innovation in smartphone browsers. The report, focusing on A...
- India mobile market headed for effective duopoly by FY24 end with Jio-Airtel likely 83% RMS: AnalystsIndia’s mobile services market is heading towards an effective duopoly by end of the current fiscal with Reliance Jio and Bharti Airtel exp...
- Jio Bharat to eat into subscriber base, operating profit at Airtel, Vi, say analystsReliance Jio's aggressive move into the feature phone market with its Jio Bharat offering is expected to negatively impact the EBITDA of bo...
- Auto app Namma Yatri looks to crowd build its offeringsJuspay Technologies is seeking participation from coders, policymakers and other stakeholders to better the product it has developed for Be...
- Apple argues UK competition watchdog had "no power" to launch probeThe Competition and Markets Authority (CMA) opened a full investigation in November into cloud gaming and mobile browsers over concerns abo...
- Telecom reforms boost to industry: GSMAIn September 2021, the Cabinet approved a host of structural and procedural reforms. including rationalisation of spectrum usage charge, ba...
- Google, Apple's mobile duopoly likely to be probed by UK regulatorThe CMA has concluded after its year-long study that the tech giants (Google, Apple) do indeed exhibit an "effective duopoly" on mobile eco...
- Google sued in UK for overcharging millions of usersGoogle Play Store's 30% surcharge for digital purchases is “excessive and unfair,” the claimants said in a press release Thursday.
- Mobile revenues, realisation per user in India may double by FY25: JefferiesA comparison of mobile ARPUs (average revenue per users) of over 25 countries shows that India's mobile revenues-to-GDP ratio at 0.7 per ce...
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