India, Oct. 26 -- Consumer-focused investment firm L Catterton has made a strategic investment in InMobi-backed AI shopping platform Glance to support its expansion, with a particular focus on the US.

The companies did not disclose the investment amount or other transaction terms. Sources told Inc42 that the investment was a fresh equity infusion

L Catterton said it will use its consumer and category expertise, operating capabilities, and global network to support Glance's growth.

Glance uses agentic AI to understand consumers' interests and preferences and recommend products across smartphones, connected TVs, and other digital platforms. It aims to help users move from product discovery to purchase on devices they already use.

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