VentureBeat reports that Google has led a $145 million investment in the social media start-ups, grace and roboso, owned by inmobi. In recent years, there have been a number of technological unicorns in the Indian market. For example, the value of inmobi is more than $1 billion. Under the leadership of Google, the new investment is expected to further boost India’s technology market. < / P > < p > first introduce grace, a personalized content platform based on lock screen interface. In March 2019, inmobi created it as a separate department. Then in November, the company acquired roboso, a video sharing social media platform. < / P > < p > the funds used in this investment are from Google’s India digital Fund (US $100 million), and the company is also the largest investor in this round of financing (with Mithril partners, the current investor). < / P > < p > as an AI driven lock screen feed platform, grace can provide Gehua content promotion in multiple languages on Android smartphones, including English, Hindi, Tamil, Telugu, and Bahasa. In addition, glance’s lockfeed provides entertainment, sports, fashion, news, and other types of meteor content in an easy to see visual format. Glance said it would use the money to expand its technical team, launch new services on the platform, strengthen brand building, and expand in major markets such as Asia and the United States. “In this era, there are still many Indian users who have difficulty finding reading content in their own language and services that they can safely use, which greatly limits the relevant value that the Internet can create for them,” Caesar sengupta, vice president of Google, said in a statement. < / P > < p > it is reported that grace has more than 115 million active users per day, with an average daily usage time of 25 minutes, which means that it is expected to become one of the largest digital consumer platforms in the world. < / P > < p > as for the roboso short video platform, which is popular in India, it has more than 33 million monthly live users, an average daily consumption time of more than 20 minutes, and more than 10 languages of various genres of content. As of November 2020, roboso has downloaded more than 103 million times from Google play app store. < / P > < p > finally, the inmobi group will focus on advertising marketing and data content platforms, with a dual headquarters in Bangalore, India and San Francisco, USA, with more than 1400 employees worldwide. Skip to content

By ibmwl