L Catterton Invests in InMobi-Backed Glance for US AI Shopping Push

26 Oct 2026, 2:08 pm · 4h ago · 1 min read · Inc42

Stage

Strategic

Lead

L Catterton

Consumer-focused private equity firm L Catterton has made a strategic equity investment in InMobi-backed smart lockscreen platform Glance to fuel its US expansion. The investment amount remains undisclosed. Glance plans to leverage L Catterton’s consumer brand network and retail expertise to scale its agentic AI-powered shopping ecosystem across smartphones and connected TVs. Led by founder Naveen Tewari, Glance provides personalised product discovery via partnerships with Samsung, Motorola, and DIRECTV. The company previously raised nearly $500 million from Google, Mithril Capital, and Jio Platforms before expanding into agentic commerce.