New Delhi, Oct. 26 -- US-based L Catterton has announced a strategic investment in Glance, an AI-powered personal shopping platform backed by global technology company InMobi, the companies said in a statement on Monday.

The investment reflects L Catterton's conviction in Glance's potential to help shape the future of shopping as artificial intelligence (AI) transforms how consumers discover and purchase products. The capital infusion also builds on Glance's deep research into evolving consumer behaviors and preferences, including the growing role of AI in product discovery, consideration, and purchasing.

"Agentic commerce is fundamentally changing how consumers discover and shop for products, creating significant opportunities for bran...