 | |
| Company type | Private |
|---|---|
| Industry | |
| Founded | 2019; 5 years ago (2019) |
| Headquarters | Bangalore, Karnataka, India |
| Area served | Worldwide |
| Key people | Naveen Tewari (CEO) |
| Products | Roposo |
| Number of employees | 1000 |
| Parent | InMobi |
| Website | www |
Glance is an Indian artificial intelligence-based software company. The company was co-founded in 2019 by Naveen Tewari, Abhay Singhal, Mohit Saxena, and Piyush Shah with their headquarters being in Bangalore. Glance is owned by InMobi, a multinational technology company.
History
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In September 2019, Glance raised 45 million dollars in funding from the United States-based venture capital firm Mithril Capital. In November 2020, Glance raised $145 million from Google and Mithril Capital, increasing its valuation to over $1.2 billion. It is the second company from the InMobi group to have become a unicorn, or a startup valued at more than $1 billion.
In June 2022, Glance launched a three-day digital event called Glance LIVE Fest, with Bollywood actor Rajkummar Rao starring in their marketing campaign to promote it.
Acquisitions
Glance acquired Roposo, a short-form video platform, in November 2019. They purchased Roposo for an undisclosed amount to add vernacular video content to its platform. In June 2021, it acquired Shop101, a social e-commerce platform, for an undisclosed amount to integrate celebrity and influencer-led commerce on Glance and Roposo. In March 2022, it acquired Gambit, an Indian gaming company, for an undisclosed amount to accelerate Glance’s goal of building the biggest platform for NFT-based live gaming experiences for Gen-Z across markets.
References
- "Naveen Tewari: The wizard of two unicorns". www.fortuneindia.com. Retrieved 22 June 2021.
- "The year of the unicorns". www.fortuneindia.com. Retrieved 22 June 2021.
- staff, CNBC com (15 May 2019). "InMobi 2019 Disruptor 50". www.cnbc.com. Retrieved 22 June 2021.
- After InMobi, Naveen Tewari scores a second unicorn with Glance – the lock screen wizard
- Vankipuram, Meera (25 November 2019). "InMobi's Glance acquires video platform Roposo to add more vernacular content". mint. Retrieved 22 June 2021.
- Mandavia, Megha. "InMobi's Glance raises $45M funding from Mithril Capital". The Economic Times. Retrieved 25 June 2021.
- "InMobi's Glance enters unicorn club after Google-led funding round". m.businesstoday.in. Retrieved 25 June 2021.
- Abrar, Peerzada (22 December 2020). "InMobi's Glance turns unicorn with $145 mn investment from Google, Mithril". Business Standard India. Retrieved 25 June 2021.
- Sujit John (22 December 2020). "Google invests in Glance, second unicorn for Naveen Tewari - Times of India". The Times of India. Retrieved 25 June 2021.
- Focus, ABP Live (2 June 2022). "Glance LIVE Fest From June 3-5: How Fans Got Rajkummar Rao To Be Part Of It". news.abplive.com. Retrieved 10 June 2022.
- Vankipuram, Meera (25 November 2019). "InMobi's Glance acquires video platform Roposo to add more vernacular content". mint. Retrieved 28 June 2021.
- "InMobi Group Strengthens Content Play With Roposo Acquisition". Inc42 Media. 25 November 2019. Retrieved 28 June 2021.
- "InMobi's Glance acquires Roposo - Times of India". The Times of India. PTI. 25 November 2019. Retrieved 28 June 2021.
- Ahmad, Samreen (14 June 2021). "InMobi's Glance enters influencer-led shopping with Shop101 acquisition". Business Standard India. Retrieved 28 June 2021.
- "Glance". glance.com. Retrieved 19 September 2022.
External links
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