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December 22, 2020
Google Helps Birth Two Social Media Unicorns in Rapid Succession Bloomberg 12/22/2020 Saritha Rai © Bloomberg A man wearing a protective mask looks at a smartphone while leaning against a mural at Khan Market in New Delhi, India, on Wednesday, Dec. 16, 2020. India continues to suffer from the worlds second-worst coronavirus outbreak with the number of confirmed cases standing at 9.93 million as the morning of Dec. 17, according to data collected by Johns Hopkins University ...
December 22, 2020
Glance, the world’s leading lock-screen platform owned by Bengaluru-based mobile ad network InMobi Group, has raised $145 million from technology (tech) giant Google and Silicon Valley billionaire Peter Thiel’s Mithril Capital, an existing investor in the company. A co-founder of PayPal and Big Data firm Palantir Technologies, Thiel is known to have invested in Facebook, Airbnb, and SpaceX. The new financing round has helped the 18-month-old Glance to become the fastest company to reach ...
December 22, 2020
Google invests in Indian startups Glance and DailyHunt Google said on Tuesday it is investing in two Indian startups, Glance and DailyHunt, as the Android-maker makes a further push into the world’s second-largest internet market. Glance, which is part of advertising giant InMobi Group, 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 Gurga...
December 22, 2020
Google invests in startups Glance InMobi and VerSe Innovation, in a bid to push Indias digital transformation Updated Dec 22, 2020 | 13:27 IST Google has invested in lock screen platform and Indian startup Glance InMobi and another Indian startup. Google is aiming to give a push to Indias digital transformation  Key Highlights Google is aiming to give a push to Indias digital transformation Glance owns short-video app Roposo and VerSe Innovation is the owner of shor...
December 22, 2020
[Funding alert] Glance becomes Indias newest unicorn; raises $145M from Google and Mithril Capital Indias newest unicorn, Glance, a subsidiary of InMobi, will use the funding to further its AI capabilities and take the business to new markets. 0 claps funding of $145 million from Google and existing investor Mithril Capital. Glance will use the new funding to deepen its AI capability across Glance and Roposo, expand its technology team, launch services on the platform, further str...
December 22, 2020
Google helps birth 2 social media unicorns in India in rapid succession Photo: Bloomberg . Updated: 22 Dec 2020, 05:27 PM IST Bloomberg Google and its American internet peers are steadily amping up their investment in India, latching onto the only other country with a billion-plus population after getting shut out of China Share Via Read Full Story Google investments helped create India’s two youngest technology unicorns: a pair of startups that feed personalized news and entertainment to t...
December 22, 2020
Google Helps Create 2 New Social Media Unicorns In India Google Helps Create 2 New Social Media Unicorns In India Glance, which feeds news and sports scores to phone-lock screens, is said to have reached a valuation of more than $1 billion after completing a funding round led by Google. Google and its American internet peers are steadily amping up their investment in India Google investments helped create Indias two youngest technology unicorns: a pair of startups that feed personalized ne...
December 22, 2020
Technuter Glance announced that it has closed a $145 million investment round from Google and existing investor Mithril Capital. Glance is a subsidiary of InMobi Group and owner of the fast-growing video-sharing social media platform Roposo. Glance delivers AI-driven personalized 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 that spend 25 minutes per day, Glance is one of ...