Softbank-backed InMobi group's mobile gaming platform Nostra on Tuesday said it expects to grow its user base by close to three-fold to 200 million by 2024. Nostra, formerly Glance Gaming, said it has surpassed 75 million monthly active users in online gaming through Glance Lock Screen, making it India and Southeast Asia's largest mobile gaming platform. "Users are not only playing games on Nostra but also engaging deeply with games streams. They clocked over 470 million hours watching game streams in 2022. We plan to take Nostra's proposition that users clearly love global and aim to reach over 200 monthly active users in the next two years on the back of Glance lock screen and several other device partnerships," InMobi Group co-founder and Glance COO and President Piyush Shah said. Online gaming is one of the fastest-growing industries globally. In India alone, the online gaming market is estimated to cross USD 7 billion by 2025, the statement said. "Glance is fully committed to
Poor performance prompted the company to take this extreme step
InMobi Group founder-CEO Naveen Tewari said India builds world-class products that people across the globe use everyday and raised optimism that the country would create all the softwares in the world over the next 10 years. Advertising technology company InMobi became India's first unicorn startup back in 2011. "In the next 10 years, India will write all the software on which the world will run, with Bengaluru at the heart of it," Tewari said as the guest of honour on the inaugural day of the 25th Bengaluru Tech Summit. He said his greatest wish is that Bengaluru should not be called the Silicon Valley of India anymore. Instead, he wanted the city to be called 'Bengaluru of Bharat' -- the heart of India's and the world's greatest innovation. Tewari said India builds world-class products that people across the globe use everyday. He also pointed out that no other developed nation has gone through digitisation at the pace that India has. According to him, India is well on its way t
Softbank-backed Inmobi's Glance expects the viewer base of its Hyperlive shows to touch 25 million within a year
Inmobi's Glance, which is present in India, Indonesia and parts of Southeast Asia, is focussing heavily on expansion in existing as well as new markets
To support enterprise and strategic advertisers in Southeast Asia, West Asia, and Africa under new arrangement
Market boom, success of global start-ups key drivers
Anzu's in-game advertising solution allows programmatic advertisers to run their banner and video ads via blended yet highly viewable IAB-compliant ad formats that sit on 3D objects.
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
Will use funds for expanding into global markets such as the US, Russia, Brazil and Mexico
This collaboration will give Glance strategic access to India's top creators and celebrities, while providing disruptive and sustainable monetisation opportunities for country's entertainment talent
Appsumer has been the intelligence platform of choice for consumer brands such as Miniclip, Picsart and Viber. It was funded by Galvanise Capital and named a Top-100 UK startup
The feature, called LIVE, currently has 20-25 daily live shows currently, which are between 5-20 minutes long
Glance InMobi pushes curated news and entertainment content onto phone lock screens and also runs a short-video app
Almost 68% of the respondents plan to shop online this festive season, with 43% of Indians increasing their online shopping budgets this year
SoftBank CEO Masayoshi Son once saw hotel chain Oyo as the jewel in his crown
Glance, which is owned by the InMobi Group, delivers content to the lockscreen of Android-based smartphones
The service is expected to be rolled out some time in September and Glance has already set up a large team in San Francisco to oversee the project
This is the first major deployment of the funds raised in Dec, when Glance became a unicorn with Google's backing
Glance is also the owner of video-sharing social media platform Roposo