Page 9 - Caesar Sengupta News Today

Well soon meet in your inbox. Please wait... At stake is the growing base of Indian language users who are expected to drive future growth and account for a majority of the countrys internet base in the coming years. “In the last two years alone, 100 million new internet users have come online from rural India. Data shows that rural consumption now accounts for roughly 45% of overall mobile data usage in the country and is primarily focused on online video,” said Caesar Sengupta, vice-presi...

Microsoft and Google were part of an investment round of over $100 million for VerSe. VerSe makes Dailyhunt, a news aggregator, and Josh, a TikTok rival based in India. The recent investment in VerSe is led by AlphaWave. Microsoft and Google were part of an investment round that raised over $100 million for VerSe Innovation (via Bloomberg). VerSe makes Dailyhunt, a news aggregator, and Josh, a short video app and TikTok rival based in India, among several other brands. VerSe is now valued at mo...

India: InMobi’s content platform Glance turns unicorn in less than 2 years Photo by Sam McGhee on Unsplash Premium Mobile-advertising entity, InMobi has seen a second unicorn emerge from its group, as its lock screen platform subsidiary, Glance has raised $145 million in a primary investment round from Google and existing investor Mithril Capital. Continue reading this story with a subscription to DealStreetAsia. Contact us for corporate subscriptions at su...

InMobis Glance enters unicorn club after Google-led funding round Raising fresh funds of $145 million from Google and Mithril Capital at a valuation of $1 billion, the company looks to bolster its tech and product offering Rukmini Rao | December 22, 2020 | Updated 21:15 IST Glance has 115 million daily active users who spend 25 minutes per day on the platform InMobi Groups subsidiary Glance has raised a fresh round of funding of $145 million from Google and its existing investor Mithril Capit...

InMobi’s Glance turns unicorn in less than 2 years The Google strategic investment also allows Glance to seek deeper integrations with the Android ecosystem, worldwide. (InMobi/LinkedIn) Share Via Read Full Story Mobile-advertising entity, InMobi has seen a second unicorn emerge from its group, as its lock screen platform subsidiary, Glance has raised $145 million in a primary investment round from Google and existing investor Mithril Capital. Two individuals aware of the deal, saidthat the ...

Dec 23 2020, 6:29 PM December 22 2020, 12:46 PM December 23 2020, 6:29 PM (Bloomberg) -- Google investments helped create India’s two youngest technology unicorns: a pair of startups that feed personalized news and entertainment to the world’s fastest-growing smartphone population. (Bloomberg) -- Google investments helped create India’s two youngest technology unicorns: a pair of startups that feed personalized news and entertainment to the world’s fastest-growing smartphone...

Well soon meet in your inbox. Please wait... Glance, which also owns short-videos platform Roposo, will utilise the capital to invest in artificial intelligence and facilitate its global expansion, starting with Southeast Asia, Latin America and the United States. InMobi said Glance has 115 million daily active users, largely in India, who spend an average 25 minutes on the platform daily. “I’m very excited about the investment coming in from Google as it validates Glance and secures its pl...

Google & Silicon Valley-based fund Mithril Capital have invested $145 million in InMobis mobile content platform, Glance. (Representative Pic)&nbsp | &nbspPhoto Credit:&nbspiStock Images Bengaluru: Google & Silicon Valley-based fund Mithril Capital have invested $145 million in InMobis mobile content platform, Glance. InMobi is Indias first unicorn and it is likely that Glance too has neared unicorn status with this round. The funds will be used to build out the platform and deep...

Google invests in two Indian startups While Google did not disclose details of its latest investments, separate announcements by investee companies stated that Google has participated in Glances USD 145 million (about Rs 1,071.5 crore) and VerSe Innovations USD 100 million (about Rs 739 crore) funding rounds. Google India FY20 revenue rises 35% to Rs 5,593.8 crore, profit up 24% (Photo by Lionel BONAVENTURE / AFP) Google on Tuesday said it has invested in two Indian startups - Glance and VerSe ...

Glance raises $145 million from Google, Mithril Capital In September last year, Glance had raised USD 45 million (over Rs 323 crore) in funding from Austin-based Mithril Capital, and the latest round takes the total fund raising by Glance to USD 190 million. PTI December 22, 2020 / 12:40 PM IST Glance, a part of SoftBank-backed InMobi Group, on Tuesday said it has closed a USD 145 million (around Rs 1,071.6 crore) investment round from Google and ...