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Google backs India's Dunzo in $40 million funding round – TechCrunch

Google is writing a check to another startup in India. The Android-maker, which last year unveiled a $10 billion fund to invest in the world’s second largest internet market, said on Tuesday that it is participating in a $40 million investment round of hyperlocal delivery startup Dunzo, a Bangalore-based firm that it has also previously […]
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Dunzo Funding: Dunzo lands $40 million in funding from new and existing investors

Well soon meet in your inbox. Please wait... Dunzo said it witnessed strong organic user demand in the pandemic-hit 2020 and is now approximately a $100 million business in annualised gross merchandise value (GMV), a two-fold increase over the past year. "As a team, we are more focused than ever to enable local merchants to get closer to their users and build one of the most loved consumer brands in the country," said Dunzo cofounder and chief executive Kabeer Biswas. The Bengaluru-based startu...
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Google invests in Indian startups Glance and DailyHunt

Google invests in Indian startups Glance and DailyHunt 23rd Dec 2020    |    Source: TechCrunch Google said on Tuesday it is investing in two Indian startups, Glance and DailyHunt, as the Android-maker makes further push in the world’s second largest internet market. Two-year-old Indian startup Glance, which serves news, media content, and games on the lock screen of over 100 million smartphones, has raised $145 million in a new financing round from Google and existing investor Mithril...
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Glance transformed phone lock screens, it's now unicorn

Glance transformed phone lock screens, its now unicorn With more than 115 million daily active users, Glance delivers AI-driven personalised content in multiple languages including English, Hindi, Tamil, Telugu and Bahasa, on the lock screen of Android smartphones. How does a leading US biotech company become coronavirus superspreader Glance, a subsidiary of InMobi Group and owner of video-sharing social media platform Roposo, on Tuesday, announced it has closed a $145 million investment round ...
Naveen Tewari Caesar Sengupta Inmobi Group நவீன் திவாரி சீசர் செங்குப்தா

Naveen Tewari Creates Second Unicorn After InMobi; Glance Raises Funds From Google, Mithril

Naveen Tewari creates second unicorn after InMobi; Glance raises funds from Google, Mithril Glance is a subsidiary of InMobi Group and owner of video-sharing social media platform Roposo December 23, 2020 / 10:13 AM IST InMobis Naveen Tewaris lock-screen content platform Glance has raised $145 million from Google and existing investor Mithril Capital, an investment fund of Peter Thiel. With this, Tewari has created a second unicorn after InMobi. The company will use the new investment to dee...
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Google helps birth two social media unicorns in rapid succession in India

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. From Amazon.com Inc to Facebook Inc, they’re hoping to get in on the ground floor of what they envision as a smartphone and online commerce boom that could eventually create a market to rival the world’s No 2 economy. The online search leader has struck an alliance with Mukesh Ambani’s Reliance Industr...
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