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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 world's 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 and Bloomberg News. (Bloomberg) -- Google investments helped create India’s two youngest technolo...

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 unicorn status or a start-up valued at more than $1 billion, revealed industry sources. InMobi itsel...

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 Gurgaon-headquartered startup, that has enabled it to introduce short-form videos on the platform. Google...

Google invests in startups Glance InMobi and VerSe Innovation, in a bid to push India's 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 India's digital transformation  Key Highlights Google is aiming to give a push to India's digital transformation Glance owns short-video app Roposo and VerSe Innovation is the owner of short video app Josh and Dailyhunt Google has invested in lock screen platform and Indian startup Gla...

[Funding alert] Glance becomes India's newest unicorn; raises $145M from Google and Mithril Capital India's 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 strengthen the brand, and drive expansion in global markets. In a statement, Naveen Tewari, Founder ...