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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.
InMobi co-founder Naveen Tewari said that they have also witnessed a business slowdown due to the overall advertising market slowing down, but they don't intend to make any drastic changes in their strategy as yet.
“I am excited about the first phase of creating 100 unicorns by our country, of the big exuberance and the big ambition that we hold. But I think the downturn, in reality, makes it clear who is going to survive, who is going to thrive,” said Tewari.
“If you are working on creating cutting-edge, new products or ideas, it doesn't happen sitting behind Zoom or Teams calls. You have to be in front of each other, on a whiteboard exchanging ideas,” said Tewari in a recent episode of Bits to Billions.
Building out the right culture is important because only that will help startups sustain tough times, navigate strategy and build better products. Founders must surround themselves with people who have built companies so that they can be guided well, says Tewari
It was reported in March last year that the provider of mobile ad services and India’s first unicorn was aiming for a US listing by the end of 2021
InMobi, a global mobile advertising and discovery platform, announced today that its remarketing platform, powered by Miip, is enabling leading ...
CNBC-TV18's Ronojoy Banerjee spoke with Ravi Gururaj Chairman-Product Council, NASSCOM and Naveen Tewari Co-Founder & CEO, InMobi to understand what Apple CEO Tim Cook's India visit means for the Indian start-up universe and how it will impact the ever changing dynamics of this space.
Ratan Tata-backed home rental company NestAway Technologies has raised around USD 30 million in a Series C financing led by Tiger Global, Russian billionaire Yuri Milner and IDG Ventures India.
Paytm, India’s largest mobile commerce platform, and InMobi, the world’s most powerful mobile advertising platform announced the launch ...
'We are not selling out to Google' that is the clear message coming in from InMobi, one of the key players in booming mobile advertising market. Poornima Murli of CNBC-TV18 caught up with Naveen Tewari the Founder and CEO of InMobi and spoke about InMobi's growth plans.
On Big League, Young Turks feature companies that are pegged to become India‘s next billion dollar ventures. So today on the show, we feature Bangalore headquartered Inmobi co-founded by four friends from IIT, Naveen Tewari, Amit Gupta, Abhay Singhal and Mohit Saxena back in 2007.
Naveen Tewari of InMobi is talking about his angels, Sasha Mirchandani and Prashant Choksey of India's first angel network Mumbai Angels.
A 100 million web users, Rs 47,000 crore e-commerce opportunity and one that's growing over 70% year-on-year, internet in India is witnessing a boom like never before.
