Glance Raises $145 Million From Google and Mithril Capital

Glance Raises $145 Million From Google and Mithril Capital

To deepen AI capability and product offerings across markets for Glance and Roposo

Glance, the world’s leading lock screen platform, announced that it has closed a $145 million investment round from Google and existing investor Mithril Capital. Glance is a subsidiary of InMobi Group and owner of the fast-growing video-sharing social media platform Roposo.

Read More: Similarweb Launches Stock-Centric Data Sets To Surface Individual Company Signals

“Glance is a great example of innovation solving for mobile-first and mobile-only consumption, serving content across many of India’s local languages”

Glance delivers AI-driven personalized content in multiple languages including English, Hindi, Tamil, Telugu and Bahasa on the lock screen of Android smartphones. With more than 115 million daily active users that spend 25 minutes per day, Glance is one of the largest digital consumer platforms in the world.

Read More: SalesTechStar Interview With Nicole Kealey, Chief Strategy Officer At Alida

Roposo is India’s leading short-form video platform with more than 33 million monthly active users who spend 20 minutes daily consuming content across multiple genres in more than 10 languages. The Roposo app has been downloaded more than 100 million times on the Google Play Store.

Glance will use the new investment 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.

“Glance is a great example of innovation solving for mobile-first and mobile-only consumption, serving content across many of India’s local languages,” said Caesar Sengupta, VP, Google. “Still too many Indians have trouble finding content to read or services they can use confidently, in their own language. And this significantly limits the value of the internet for them, particularly at a time like this when the internet is the lifeline of so many people. This investment underlines our strong belief in working with India’s innovative startups towards the shared goal of building a truly inclusive digital economy that will benefit everyone.”

Read More: DemandJump Announces Insights For Content, Automating Content Strategy And Research

Write in to psen@itechseries.com to learn more about our exclusive editorial packages and programs.