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Roposo-owner Glance to acquire ecommerce platform Shop101

Roposo-owner Glance to acquire ecommerce platform Shop101

Singapore/New Delhi, June 14 (Ians) Glance, a subsidiary of InMobi Group and owner of video-sharing social media platform Roposo, on Monday said it is acquiring full stack e-commerce platform Shop101 for an undisclosed sum.

Shop101, founded by Abhinav Jain, Aditya Gupta and Kalpak Chhajed in 2015, is a full stack e-commerce company that brings a network of 10 million resellers and 10,000 supplier partners together, serving customers across over 2,000 towns across the country.

The acquisition will provide Glance and Roposo end-to-end capability for launching celebrity and influencer-led Live commerce, as the company looks to transform mobile shopping experience for consumers globally, it said in a statement.

"With Shop101's technology, partners and hugely talented team, we are in a great position to create this new form of mobile commerce at a global scale," said Piyush Shah, Co-Founder, InMobi Group, and President and COO.

Shop101 employs nearly 300 professionals and is backed by Vy Capital,

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