Glance InMobi buys Gambit Sports

Business

Singapore-based consumer internet company Glance InMobi Pte Ltd. has taken over the Indian gambling company Gambit Sports. Deal size is not available. The acquisition aims to accelerate Glance’s ambitions to build the largest platform for NFT-based (Non-Fungible Token) live gaming experiences for Gen-Z across all markets, according to a press release. Glance is an unconsolidated subsidiary of InMobi Group and is funded by Google and Mithril Capital.

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