Published
Jun 15, 2021
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Glance to acquire e-commerce platform Shop 101

Published
Jun 15, 2021

Glance, owner of video-platform Roposo, has announced that it will be acquiring e-commerce platform Shop 101 for an undisclosed amount.
 

Glance to acquire e-commerce platform Shop 101 - Shop101


With the acquisition of Shop 101, Glance will have access to an e-commerce technology platform, supply chain infrastructure and the talent base required to help it in its plans of launching celebrity and influencer-led, live commerce for consumers globally.
 
Commenting on the acquisition, Piyush Shah, co-founder, president and chief operating officer of Glance, in a statement said: “As leaders in the mobile content space, both Glance and Roposo are disrupting the way users create, discover, and consume content, making them the preferred platforms for top celebrities and creators to connect with their audience. With the addition of Shop101, we aim to make these platforms the top shopping destinations for millions of users as well.”

Abhinav Jain, founder and CEO of Shop 101, added: “We had started Shop 101 as a social e-commerce platform with a vision to democratise entrepreneurship and commerce for the masses using a technology-first approach. With Glance and Roposo, Shop101 will now be part of a company that shares our goal of transforming the shopping experience for millions of consumers globally.”     
 
Shop 101 was founded by Abhinav Jain, Aditya Gupta, and Kalpak Chhajed in 2015 and currently has a network of 10 million resellers and 10,000 supplier partners serving customers across over 2,000 towns across the country.

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