Glance Raises 145 Million Dollar From Mithril Capital And Google

Glance announces that it raised $145 million from Google and existing financial specialist Mithril Capital. A subsidiary of InMobi Group and proprietor of the quickly developing video-sharing web-based media stage Roposo, Glance conveys AI-driven customized content in numerous dialects including English, Hindi, Tamil and Telugu amongst many others. 

As indicated by a Mint report, the funding values Glance at somewhat over $1 billion, making it the most recent unicorn.

With over 115 million dynamic clients engaging for aroundm25 minutes each day, Glance is amongst the largest digital consumer portals on the planet. Services of the company are accessible in Android setup alone. It has additionally collaborated with top gadget creators including Samsung Electronics Co., Xiaomi Corp., Oppo and Vivo.

Roposo, on the other hand is said to have in excess of 33 million dynamic clients spending roughly 20 minutes daily. It offers content in various dialects. The Android application has just gone past 100 million downloads on the Google Play Store.

Glance will utilise the funds to further develop its AI ability across Glance and Roposo, extend its innovation group, dispatch services on the portal, reinforce the brand and drive extension in worldwide business sectors.

The organization is now present in Thailand, Indonesia, Philippines and as alleged will enter Brazil one year from now. It is also said to be in talks with telecom accomplices in the US.