Glance, a subsidiary of InMobi Group and owner of video-sharing social media platform Roposo, has closed a $145 million investment round from Google and existing investor Mithril Capital.
Glance, a leading lock-screen content platform, will use the funding to strengthen artificial intelligence (AI) capability and product offerings, including expanding its technology team, across markets for both Glance and Roposo.
This investment underlines our belief in working with India’s innovative startups towards the shared goal of building a truly inclusive digital economy that will benefit everyone, Caesar Sengupta, VP of Google, said.
Glance has more than 115 million daily active users. Glance delivers AI-driven personalised content in multiple languages including English, Hindi, Tamil, Telugu and Bahasa, on the lock screen of Android smartphones.
Roposo currently has more than 33 million monthly across multiple genres in more than 10 languages.
“With two of the largest digital content platforms in the country, we have taken the lead in making the digital economy accessible for the next billion users in India and globally,” said Naveen Tewari, founder and CEO of Glance and InMobi Group.
