InMobi Secures $100M for AI Expansion and Plan For Future IPO

InMobi, a mobile advertising company, secured $100 million in debt financing from MARS Growth Capital. The funds will help InMobi expand its AI capabilities and pursue strategic acquisitions. InMobi plans to offer more personalized, immersive experiences for brands and users. The company, India’s first unicorn, is eyeing an IPO in India next year with a $10 billion valuation target. InMobi has a global presence across 165 countries and plans to move its headquarters from Singapore to India soon. AI remains central to its business growth strategy.



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