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Announced

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Mithril Capital completed the acquisition of a minority stake in Glance from InMobi for $45m.

Synopsis

Mithril Capital, a private equity firm, completed the acquisition of a minority stake in Glance, Indian content platform, from InMobi, a provider of mobile advertising services for $45m. “Glance, the world’s first and fastest-growing screen zero platforms, is a powerful innovation to democratize content and commerce on the mobile Internet. We share Glance’s global vision of breaking through the constraints of application architectures and linguistic markets to deliver rich, frictionless, and engaging experiences across a myriad of cultures and languages,” Ajay Royan, Mithril Capital Managing General Partner and Co-Founder.

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