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Glance to bring NFT-based Live gaming on lock screens globally; acquires gaming company Gambit

Glance to bring NFT-based Live gaming on lock screens globally; acquires  gaming company Gambit

Gambit to help Glance launch creator-led NFTs for live gaming, and live experiences like e-sports
streaming, multi-player tournaments and game shows for millions of gamers on the platform

 Glance Games – Glance’s lock screen gaming platform – has over 45 million monthly active
users across Asia
 Gambit owns and operates Nostragamus – a popular skill gaming platform with over 100
million game plays to date
 Acquisition combines Glance’s global reach and lock screen first innovation with Gambit’s
DNA of building gaming experiences and technology that drives deep engagement and
Singapore/Bangalore, March 25, 2022: Singapore based consumer internet company Glance InMobi
Pte Ltd (“Glance”), announced that it has acquired Indian gaming company Gambit Sports Pvt Ltd.
(“Gambit”). This is expected to accelerate Glance’s ambition of building the biggest platform for NFT-
based live gaming experiences for Gen-Z, across markets.

The acquisition brings together Glance’s scale and lock screen centric innovation with Gambit’s
expertise and understanding of the gaming ecosystem. Glance Games – Glance’s lock screen gaming
platform – has over 45 million monthly active users across Asia. Close to 70% of its users are in the
age group of 18 to 34, while over 40% of its gamers are female.

Gambit comes with a team that has deep experience in building platforms with high engagement
and monetization. Co-founded in 2015 by Yashashvi Takallapalli, Gaurav Konar, Ranaveer Sankieneni
and Deepak Venkatramani, Gambit owns and operates Nostragamus (Nostra Pro). This is a highly
popular gaming platform with fantasy sports, poker, rummy, quiz and hyper-casual games. Over 100
million games have been played on the Nostragamus platform, and it has close to 10 million
registered users.
Glance will leverage Gambit’s expertise to launch highly engaging live gaming experiences including
tournaments, game shows, game streaming and multi-player games on lock screen. Gambit will also
enable Glance to launch multiple casual-to-midcore games that can be enjoyed by diverse sets of
gamers. In the coming quarters, Glance also plans to launch NFTs in live gaming. This will potentially
enable creators, streamers and developers to monetize through assets and NFT-based game
creation, while giving gamers unique experiences that they love.

“Gaming is the most exciting content category across the world today and Gen-Z spends more time
on gaming than on any other activity online," said Piyush Shah, Co-founder of InMobi Group and
President and COO, Glance. "Giving users live, connected, interactive gaming experiences on the lock
screen is key to Glance’s vision of building the world’s largest live internet platform. We also aim to
launch creator-led NFTs for live gaming which will generate unique ‘play-to-earn’ and ‘play-to-own’
possibilities for the entire gaming ecosystem,” he added.

Yashashvi Takallapalli, Co-founder and CEO, Gambit said, “We have already started seeing great
traction for live gaming on Glance. For instance, over 10 million users watch live game streams on
Glance every week now. With Glance and Gambit’s combined strengths and our belief that there is a
game for every person, we envision doubling the number of monthly active gamers on Glance Games
in the next year.”

In February 2022, Glance had signed an agreement to raise $200 million funding from Jio Platforms
to accelerate its global expansion. The company also entered into a business partnership with Jio
through which Glance’s lock screen platform will be integrated into JioPhone Next smartphones. This
integration is expected to further boost the reach of Glance Games.

About Glance
Founded in 2019, Glance is a consumer internet company that has created two highly disruptive digital platforms – Glance
and Roposo. Glance has redefined the way internet is consumed on the lock screen, removing the need for searching and
downloading apps. Over 400 million smartphones now come enabled with Glance’s next generation internet experience.
Roposo has revolutionized commerce by launching a destination for creator-led live entertainment commerce.
Headquartered in Singapore, Glance is an unconsolidated subsidiary of InMobi Group and is funded by Google and Mithril

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