Startups

Google Set to Lead $250 Million Round by Mobile Startup Glance

  • Provider of a curated smartphone screensaver pushes for growth
  • Google, rivals are increasing their presence in Indian market
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Mobile content provider Glance is in advanced talks to raise capital in a funding round led by existing backer Google, a move that would allow the Indian startup to expand its reach.

Glance InMobi Pte. is set to raise as much as $250 million as soon as within a few weeks, people familiar with the matter said, asking not to be named as the talks are private. The fundraise isn’t yet finalized and discussions may still break down.