Roehl Niño Bautista · · 1 min readGoogle-backed Glance gets $200m series D money from Reliance’s Jio
Singapore-headquartered unicorn Glance, a consumer internet firm, has raised US$200 million in a series D round funded solely by Indian telecommunications company Jio.
Glance founder and CEO Naveen Tewari / Photo credit: Glance
Glance has two mobile platforms for Android devices: an AI-driven lock-screen internet platform of the same name and live-video platform Reposo. The company was previously backed by Google and investment firm Mithril Capital.
Glance and its parent firm Inmobi were founded in 2019 and 2007 respectively by CEO Naveen Tewari, who was previously part of Paytm’s board of directors.
Glance’s latest fundraise will go toward boosting its global reach in the US, Brazil, Mexico, and Russia. The deal also sees the company entering into an agreement with Reliance Retail, parent company of Jio, to put Glance on its new smartphones.
Moving forward, Glance aims to be the biggest provider of live entertainment and ecommerce on locked smartphone screens.
See also: 50 rising startups in Singapore
Editing by Miguel Cordon and Jaclyn Tiu
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