Glance (company)
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Type | Private |
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Industry |
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Founded | 2019 |
Headquarters | |
Area served | Worldwide |
Key people | Naveen Tewari (CEO) |
Products | Roposo |
Number of employees | 1000 |
Parent | InMobi |
Website | www |
Glance is an artificial intelligence based software company that delivers personalised content to the lock screens of smartphones. Co-founded in 2019[1] by Naveen Tewari , Abhay Singhal, Mohit Saxena, and Piyush Shah[2] and headquartered in Bangalore,[3] Glance is owned by InMobi, a multinational technology company.[4][5]
History[]
Founded in 2019, Glance is part of the InMobi group. Glance owns and operates the world’s first screen zero platform that uses artificial intelligence technology to deliver personalised, relevant, ad-free, and live content across different categories such as games, stories, and news on the lockscreen of the users’ devices.[6][7]
In September 2019, Glance raised $145 million funding from the United States-based venture capital firm, Mithril Capital.[8] In December 2020, Glance raised $145 million from Google and Mithril Capital, [9]increasing its valuation to over $1 billion.[10] It is the second company from the InMobi group to have become a unicorn.[11]
Technology[]
The Glance platform software comes pre-installed on various android smartphone devices, such as Samsung and Xiaomi.[12] Whenever a user unlocks the phone, the smartphone screen refreshes to load new visual and interactive content.[13] The duration of the content ranges from 10 seconds to two minutes.[14]
Apart from English, the content is available in six Indian languages - Hindi, Telugu, Tamil, Bengali, Marathi, Kannada - and Bahasa (Indonesia).[15] Users spend around 25 minutes consuming content on Glance every day[16] across 19 content categories such as sports, news, entertainment, fashion, gaming, travel, and wildlife.[17][18] The Glance platform works with users in India, Indonesia, Malaysia, Thailand, and Philippines.[19]
As of June 2021, Glance has 125 million active users.[20]
Acquisitions[]
Glance acquired Roposo, a short-video platform, in November 2019, for an undisclosed amount to add vernacular video content to its platform. [21][22][23] 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.[24]
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.
- ^ After InMobi, Naveen Tewari scores a second unicorn with Glance – the lock screen wizard
- ^ "India records 200% increase in time spent on lock-screen content, says Glance report". HT Tech. 1 April 2021. Retrieved 23 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.
- ^ Dec 22, Sujit John / TNN /; 2020; Ist, 11:52. "Google invests in Glance, second unicorn for Naveen Tewari - Times of India". The Times of India. Retrieved 25 June 2021.CS1 maint: numeric names: authors list (link)
- ^ "India's Glance tops 100M daily active users in 21 months". TechCrunch. Retrieved 25 June 2021.
- ^ "Glance raises $45 million funding; to launch three new offerings, says Naveen Tewari of InMobi Group". www.businesstoday.in. Retrieved 25 June 2021.
- ^ "InMobi Wants To Glue Your Attention To Your Lock Screen". Forbes India. Retrieved 25 June 2021.
- ^ Vankipuram, Meera (25 November 2019). "InMobi's Glance acquires video platform Roposo to add more vernacular content". mint. Retrieved 25 June 2021.
- ^ "India records 200% increase in time spent on lock-screen content, says Glance report". HT Tech. 1 April 2021. Retrieved 25 June 2021.
- ^ "Naveen Tewari: The wizard of two unicorns". www.fortuneindia.com. Retrieved 25 June 2021.
- ^ Gupta, Surajeet Das (15 February 2021). "InMobi's Glance eyes TikTok acquisition to become a global powerhouse". Business Standard India. Retrieved 25 June 2021.
- ^ "India's Glance tops 100M daily active users in 21 months". TechCrunch. Retrieved 25 June 2021.
- ^ Gupta, Surajeet Das (15 February 2021). "InMobi's Glance eyes TikTok acquisition to become a global powerhouse". Business Standard India. Retrieved 25 June 2021.
- ^ 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.
- ^ Nov 25, PTI /; 2019; Ist, 20:51. "InMobi's Glance acquires Roposo - Times of India". The Times of India. Retrieved 28 June 2021.CS1 maint: numeric names: authors list (link)
- ^ Ahmad, Samreen (14 June 2021). "InMobi's Glance enters influencer-led shopping with Shop101 acquisition". Business Standard India. Retrieved 28 June 2021.
External links[]
- Companies based in Bangalore
- 2016 establishments in Karnataka
- Indian companies established in 2016
- Indian company stubs