Glance is part of InMobi Group, a mobile marketing firm backed by Japan’s SoftBank Group Corp.
Lightspeed Venture Partners, Silver Lake Waterman, and Sapphire Ventures participated in the funding round.
The proposed investment will enable Amazon to tap into India’s rising demand for household products and home-delivered fresh produce and vegetables.
Policy & Regulations
E-commerce firms such as Amazon, Flipkart may soon have to declare details about their sellers.
Rebel Foods, which is valued at $525 million, is now expanding into Southeast Asia and the Middle East.
Pocket Aces plans to use the funds to get into gaming content, make strategic acquisitions and boost production to 30 shows a year.
Raveendran joined the rarefied club after his firm scored $150m in funding earlier this month.
The enterprise software segment is heating up as investors scour the industry for India’s next startup giants.
The payments offering has been in beta mode in India since early 2018.
The rising interest in India occurs as investment in China’s recently booming startup sector faces a steep drop-off.
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