inmobi

Thrasio-style ecommerce roll-up companies such as Goat Brand Labs are struggling to survive amid an overall funding squeeze. This and more in today’s ETtech Morning Dispatch.Also in this letter:■ Exclusive interview with FCC head Brendan Carr■ InMobi lines up layoffs in AI-focused push■ ETtech Done DealsEcommerce roll-up companies pause brand buyouts, seek funds for survival The ecommerce roll-up model, where a company acquires multiple brands to accelerate their growth, has been under pressure and the distress…

Glance — the consumer Internet subsidiary of technology company InMobi — on Monday launched Glance TV as its latest offering to debut on TVs. Glance TV works as a platform for live and interactive content that will be available for access to users directly from the home screen of their smart TVs. Glance has partnered with both content partners as well as TV manufacturers to make its new experience live for users. Prior to the latest announcement, the company was known for driving its lock screen experience that is claimed…

India's Reliance Industries is investing $200 million (roughly Rs. 1,510 crore) in Glance, a lock screen content company backed by Alphabet and owned by ad-tech firm InMobi, to bring the service to new Jio smartphones this year, the companies said on Monday.The investment, made through Reliance's Jio Platforms unit, values Glance at $1.7 billion to $1.8 billion (roughly Rs. 12,800–13,600 crore) post-money, according to a source involved in the deal.The integration will allow Reliance's retail businesses to advertise…

Digital technology firm InMobi's social media arm Roposo is in discussions with Reliance Retail for a social commerce related business deal which is expected to be rolled out in the next two quarters, a top official said on Tuesday.SoftBank-backed InMobi's co-founder and CEO Naveen Tewari told PTI in an interview that the company is looking to reach 1 billion users in the next 2-3 years by building various partnerships and expanding its footprint overseas."We are partnering with Reliance Retail to provide the e-commerce…