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| Company type | Private |
|---|---|
| Industry |
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| Founded | 2019; 5 years ago (2019) |
| Headquarters | |
Area served | Worldwide |
Key people | Naveen Tewari (CEO) |
| Products | Roposo |
Number of employees | 1000 [citation needed] |
| Parent | InMobi |
| Website | www |
Glance is an Indian artificial intelligence-based software company. The company was co-founded in 2019[1] by Naveeni 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]
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In September 2019, Glance raised 45 million dollars in funding from the United States-based venture capital firm Mithril Capital.[6] In November 2020, Glance raised $145 million from Google and Mithril Capital,[7] increasing its valuation to over $1.2 billion.[8] It is the second company from the InMobi group to have become a unicorn, or a startup valued at more than $1 billion.[9]
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.[10]
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.[11][12][13] 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.[14] 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. [15]
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