Latest news about Glance Finance
Glance Finance
172.95
-0.45(-0.26%)
Company Performance:
View Company Insights1D-0.26%
1M-9.87%
6M-18.40%
1Y+28.35%
5Y+244.18%
More news about Glance Finance
15Sept 25
Glance Achieves $1.8B Valuation, Becomes India's Fastest Unicorn
Glance Finance, a consumer tech platform founded in 2019, has reached unicorn status with a $1.8 billion valuation within one year. The company has raised $390 million across four funding rounds from investors including Google, Mithril Capital, and Jio Platforms. Glance's AI-driven content delivery to smartphone lock screens has garnered over 235 million active users. The company's revenue increased from $38.70 million in FY 2022-23 to $73.10 million in FY 2023-24, though it reported a net loss of ₹929.00 crore. Glance is expanding internationally, particularly in Japan, and has appointed Mansi Jain as COO. The company recently secured ₹200.00 crore in debt financing from Stride Ventures to support its growth plans.
05Sept 25
Glance Finance Reports ₹40.75 Lakh Net Profit for Q3 FY2025, Down from Previous Quarter
Glance Finance Limited, an NBFC, reported Q3 FY2025 results with net profit of ₹40.75 lakhs and total income of ₹593.11 lakhs, down from Q2. Nine-month net profit improved to ₹230.28 lakhs from ₹137.43 lakhs year-over-year. Auditors noted non-compliance with accounting standards for gratuity and leave encashment provisions.
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