Adtech startup InMobi has raised $ 100 million in debt financing as the profitable Indian firm looks to “significantly deepen” its artificial intelligence initiatives and fund potential AI acquisitions ahead of a planned IPO next year. Mars Growth Capital, a joint venture between MUFG and Liquidity Group, has financed the funding, InMobi said Wednesday. The […]
InMobi eyes $10 billion valuation in 2025 India IPO
Adtech startup InMobi is eyeing a valuation of about $ 10 billion in an initial public offering it is planning for next year, two sources familiar with the matter told TechCrunch. The firm plans to list in India, the sources said, requesting anonymity as the deliberations are private. InMobi is profitable and plans to shift […]