Two unicorns launched on Google money take India by storm
News and entertainment feeds in local languages the key to success as tech giants chase burgeoning markets
22 December 2020 - 15:34
Bangalore — Google investments helped to create India’s two youngest technology unicorns: a pair of start-ups that feed personalised news and entertainment to the world’s fastest-growing smartphone population.
Glance, which feeds news and sports scores to phone-lock screens, is said to have reached a valuation of more than $1bn after completing a funding round led by Google. And VerSe Innovation, the studio behind the popular Dailyhunt news site and TikTok-like Josh app, said it passed that threshold after winning more than $100m from Alphabet’s search giant and Microsoft...
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