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An India Based startup gets $45 million investment from Mithril Capital

An India Based startup gets $45 million investment from Mithril Capital
An India Based startup gets $45 million investment from Mithril Capital
Glance, a start-up that implements artificial intelligence to personalize content for smartphones announced that it is set to receive an investment worth $45million from Peter Thiel’s venture capital firm.

As per a statement published by Glance, the capital is being invested as part of a larger financing round by the Mithril Capital, co-founded by Silicon Valley investors Ajay Royan and Peter Theil.

Having an active daily user base of 50 million users, Glance provides interactive content for users each and every single time they unlock their phone. The content delivered by Glance to users is customized using artificial intelligence.

Notably, in recent times more and more content-based companies have indulged into artificial intelligence to appeal to new users.

Speaking on being included into the board, co-founder of Silicon Valley, Ajay Royan stated Glance has a vision which is similar to ours, one which shatters barriers via the constraints of linguistic markets and application architectures to deliver innovative, luxurious and engaging experiences across a myriad of languages and cultures.

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