Glance is an Indian artificial intelligence based software company that delivers personalised content to the lock screens of smartphones. Co-founded in 2019 by Naveen Tewari, Abhay Singhal, Mohit Saxena, and Piyush Shah and headquartered in Bangalore, Glance is owned by InMobi, a multinational technology company.
History
In September 2019, Glance raised $45 million funding from the United States-based venture capital firm, Mithril Capital. In December 2020, Glance raised $145 million from Google and Mithril Capital, increasing its valuation to over $1 billion. It is the second company from the InMobi group to have become a unicorn.
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-video platform, in November 2019, 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 ambition of building the biggest platform for NFT-based live gaming experiences for Gen-Z, across markets.