June 15, 2021 6:08 am
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Tag: startup funding

Funding

Glance raises $145 million from Google and Mithril Capital

Lock screen platform Glance has announced that it has raised a $145 million investment round from Google and existing investor Mithril Capital. A subsidiary of InMobi Group and owner of the video-sharing social media platform Roposo, Glance delivers AI-driven personalised content in multiple languages including English, Hindi, Tamil, Telugu and Bahasa on the lock screen of Android smartphones. With more than 115 million daily active users, Glance is one of the largest digital consumer platforms in the world, the statement claimed. Glance will use the new investment to deepen its AI capability, expand its technology team, launch more services, strengthen the brand and drive expansion in global markets, the statement notified. “Glance is a great example of innovation solving for mobile-first and mobile-only consumption, serving content across many of India’s local languages,” said Caesar Sengupta, VP, Google. He added, “Still too many Indians have trouble finding content to read or services they can...
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