Inmobi

InMobi, India’s first unicorn, targets $500 mn plus IPO at $4bn to $5 bn IPO valuation; taps 8 i-banks

A pre-IPO round will precede the listing and the firm’s reverse flip (redomiciling from Singapore to India) is in process, sources told Moneycontrol

SoftBank cuts InMobi stake in $250 million buyback deal

InMobi will repurchase the shares to reduce SoftBank’s holding to less than 10% from more than 30%

InMobi’s Naveen Tewari, other founders, to hike stake to over 50%, as SoftBank sells shares worth $250 million

SoftBank had written off this investment in around 2016 but it has now made $250 million on a bet it took 14 years ago. So, any proceeds would be positive for SoftBank, a source told Moneycontrol.

How InMobi’s Naveen Tewari cracked the US market

For decades, it was taken as gospel that Indian startups should build for India, while Western tech dominated globally. Naveen Tewari is proving that under the right conditions, this script can be flipped. There is no rule that says global impact must come from Silicon Valley or Shenzhen. Sometimes, it can come from Bengaluru. Ambition should not be constrained by geography

InMobi secures $100 million debt to fund its AI efforts, acquisitions

SoftBank-backed InMobi, which was India's first unicorn startup, currently has two core businesses - InMobi Advertising and Glance.

InMobi sets sights on IPO

SoftBank Group Corp.-backed InMobi, whose service lets companies place ads on mobile devices, will shift its corporate base to India from Singapore in early 2025 so that it can begin an initial public offering, Chief Executive Officer Naveen Tewari said.