Glance, backed by the likes of Google and PayPal cofounder Peter Thiel’s Silicon Valley-based venture fund Mithril Capital, has received a $200 million investment from Mukesh Ambani's Jio Platforms.
, uses an algorithm to deliver personalized news, entertainment content, gaming and live videos to smartphone lock screens.’s feature, according to its website.
The startup gained unicorn status in December 2020, just over 18 months after it was founded, and is now valued at up to $1.8 billion. “Glance expects to launch in several key markets globally as well as extend the experience to millions of Jio users,” said Jio Platforms Director Akash Ambani in theThe Jio Platforms investment will help Glance expand internationally outside of Asia including the U.S., Brazil, Mexico and Russia, aiming to create the world’s largest live content and commerce ecosystem on smartphone lock screens.
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