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Vernacular news and content aggregator network VerSe innovation, which was valued at $5 bn in April, is laying off 5 per cent of its workforce, amidst the ongoing start-up funding winter ....
Naveen Tewari creates second unicorn after InMobi; Glance raises funds from Google, Mithril Glance is a subsidiary of InMobi Group and owner of video-sharing social media platform Roposo December 23, 2020 / 10:13 AM IST InMobi s Naveen Tewari s lock-screen content platform Glance has raised $145 million from Google and existing investor Mithril Capital, an investment fund of Peter Thiel. With this, Tewari has created a second unicorn after InMobi. The company will use the new investment to deepen the AI capability across Glance and Roposo, expand the technology team, launch services on the platform, further strengthen the brand and drive expansion in global markets. Glance is a subsidiary of InMobi Group and owner of video-sharing social media platform Roposo. It delivers content in five languages including English, Hindi, Tamil and Telugu in India, and Bahasa in Indonesia. The platform now has 115 million daily active users, making it the third largest cont ....