InMobi group buys video content platform ROPOSO

InMobi the Adtech firm has acquired video content platform Roposo, Soft Bank backed Inmobi who owns Glance looks to ramp up curated content on its platform in regional Indian languages with this acquisition. InMobi Group also plans to take Roposo to Southeast Asia.

This acquisition gives Glance ownership of Roposo’s video technology, platform and brand. Roposo has more than 40 Million active users with the pool of regional-language content creators and influencers which will benefit Glance.

The company has not disclosed the deal amount but it is speculated to be around $ 20 Million.