Glance (company)
Indian multinational technology company headquartered in Bangalore
From Wikipedia, the free encyclopedia
Glance is an Indian artificial intelligence-based software company. The company was co-founded in 2019[1] by Naveen Tewari, Abhay Singhal, Mohit Saxena, and Piyush Shah[2] with their headquarters being in Bangalore.[3] Glance is owned by InMobi, a multinational technology company.[4][5]
| |
| Type | Private |
|---|---|
| Industry | |
| Founded | 2019 |
| Headquarters | |
Area served | Worldwide |
Key people | Naveen Tewari (CEO) |
| Products | Roposo |
Number of employees | 1000 [citation needed] |
| Parent | InMobi |
| Website | www |
History
In September 2019, Glance raised $45 million in funding from the United States-based venture capital firm Mithril Capital.[6] In November 2020, the company raised an additional $145 million from Google and Mithril Capital,[7] which increased its valuation to over $1.2 billion.[8] Glance became the second company within the InMobi group to attain unicorn status.[9]
In June 2022, the company launched a three-day digital event called Glance LIVE Fest, with Bollywood actor Rajkummar Rao.[10]
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.[5][11][12] 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.[13] 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.[14]
