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InMobi Eyes $10 Billion Valuation in 2025 India IPO

  • InMobi is planning an IPO in India next year, targeting a $10 billion valuation, sources told TechCrunch.
  • The firm, currently domiciled in Singapore, will shift to India and list at the group level, including its advertising arm and Glance.
  • InMobi expects to generate over $700 million in annual revenue by March and has raised less than $300 million to date.
  • Founded in 2007, InMobi was the first Indian unicorn and now serves major clients like Mastercard, Samsung, and Coca-Cola.
  • Glance, a subsidiary, is piloting in the U.S. and plans to launch a generative AI-powered version to enhance user experience and drive commerce.

Source: Techcrunch

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IndiQube Eyes INR 1,500 Cr IPO Amidst Indian Bourse Boom

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  • The startup plans to raise INR 1,000 Cr – INR 1,500 Cr from its IPO, mainly through fresh share issuance.
  • IndiQube posted a p...
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