You are currently viewing Startup news and updates: daily roundup (October 14, 2022)

Startup news and updates: daily roundup (October 14, 2022)


Glance’s India userbase hits all-time high

Lock screen platform Glance‘s active userbase in India grew to an all-time high of 189 million in the quarter ended September, largely driven by partnerships with smartphone manufacturers and new content formats aimed at driving user engagement.

The platform’s userbase grew 25% last quarter from the same period last year, adding 38.5 million users. Glance’s partnership with Realme, the third-largest smartphone brand in India, helped drive growth in the last three months.

The Google-backed technology company launched a new feature called Hyperlive last quarter, a live format that enables users to enjoy two-way interaction with celebrities or creators. Counterpoint expects the feature to boost active engagement in the coming quarters.

Simpl records highest growth in six months from rentals

Payments checkout platform Simpl recorded growth of 127% from the rentals segment between April and September this year. Transactions from ecommerce platforms recorded the second-highest growth of 111%.

This comes as the platform witnessed an uptick in the demand for consumer products in the past few months.

Other segments including travel and entertainment also recorded growth values of over 50%. The company expects consumer demand in these categories to continue to be strong for the rest of the year.

Airbnb launches safety feature for solo travellers

Rental app Airbnb announced the launch of its new product feature to ensure safety of solo travellers.

When a solo traveller books a private or a share room, Airbnb will allow the user to share their reservation itinerary including details of listing address, reservation code, and check-in and out dates with trusted friends and family.

Travellers can also make use of expert advice and travel suggestions on the portal as part of the in-app experience. Airbnb has also made the feature available in Hindi language.

(This will be updated with the latest news throughout the day)


Edited by Megha Reddy



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