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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 population. Glance, which feeds news and sports scores to phone-lock screens, is said to have reach...

We'll 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 place as a definitive lock-screen platform,” said Naveen Tewari, founder and CEO of Glance and InMo...

Google & Silicon Valley-based fund Mithril Capital have invested $145 million in InMobi's mobile content platform, Glance. (Representative Pic)  |  Photo Credit: iStock Images Bengaluru: Google & Silicon Valley-based fund Mithril Capital have invested $145 million in InMobi's mobile content platform, Glance. InMobi is India's 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 deepen its presence in global markets such as South East Asia, Latin America, South America and the U...

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 Glance's USD 145 million (about Rs 1,071.5 crore) and VerSe Innovation's 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 Innovation - as part of its USD 10 billion Google for India Digitisation Fund to enable them to fu...

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 existing investor, Mithril Capital. In September last year, Glance had raised USD 45 million (over R...