This paper presents a vector initialization approach for the SemEval2020 Task 1: Unsupervised Lexical Semantic Change Detection. Given two corpora belonging to different time periods and a set of target words, this task requires us to classify whether a word gained or lost a sense over time (subtask 1) and to rank them on the basis of the changes in their word senses (subtask 2). The proposed approach is based on using Vector Initialization method to align GloVe embeddings. The idea is to consecutively train GloVe embeddings for both corpora, while using the first model to initialize the second one. This paper is based on the hypothesis that GloVe embeddings are more suited for the Vector Initialization method than SGNS embeddings. It presents an intuitive reasoning behind this hypothesis, and also talks about the impact of various factors and hyperparameters on the performance of the proposed approach. Our model ranks 13th and 10th among 33 teams in the two subtasks. The implementation has been shared publicly.