Google leads $145M investment in India’s Glance; backs DailyHunt in $100M round

Indian startup Glance, which serves news, media content, and games on the lock screen of over 100 million smartphones, has a new investor: Google.

The two-year-old Glance, which is part of advertising giant InMobi Group, said on Tuesday that it has raised $145 million in a new financing round from Google and existing investor Mithril Partners. The new round values Glance at over $1 billion, a person familiar with the matter said, making the startup a unicorn.

Glance uses AI to offer personalized experience to its users. The service replaces the otherwise empty lock screen with locally relevant news, stories, and casual games. Late last year, InMobi acquired Roposo, a Gurgaon-headquartered startup, that has enabled it to introduce short-form videos on the…

Read Story

Related Post