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 India s two youngest technology unicorns: a pair of startups that feed personalized news and entertainment to the world s fastest-growing smartphone population.
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. And VerSe Innovation Pvt, the studio behind the popular Dailyhunt news site and TikTok-like Josh app, said it passed that threshold after winning more than $100 million from Alphabet Inc. s search giant and Microsoft Corp.