CosmicTaco
CosmicTaco

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

Post image
6mo ago
App Promo
No comments yet

You're early. There are no comments yet.

Be the first to comment.

Discover more
Curated from across
News Discussion
by CosmicTacoGrapevine

InMobi Eyes $10 Bn IPO by October 2025

  • InMobi is targeting an $8 Bn to $10 Bn valuation for its IPO, comprising fresh shares and an OFS component, with plans to list by October this year.
  • Founded in 2007, the adtech unicorn looks to file its DRHP soon, seeking a high val...
Post image
News Discussion
by CosmicTacoGrapevine

MobiKwik Surges 82% in Market Debut

  • MobiKwik's shares soared 82% on its first trading day, reaching ₹507.5 ($6) per share, boosting its market value to $464 million.
  • Despite the successful debut, the valuation is still lower than the $924 million achieved in a 2021 pr...
Post image
3K