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Exclusive: IPO-Bound InMobi Bags INR 32 Cr From Cofounders

  • SoftBank-backed adtech unicorn InMobi has raised INR 32 Cr ($3.7 Mn) from its cofounders and Vatera Pte. Ltd.
  • The funding round involved the cofounders Naveen Tewari, Abhay Singhal, Piyush Shah, Mohit Saxena, and Vatera Pte. Ltd.
  • The capital raised will be used for InMobi's working capital requirements.
  • InMobi, known for providing marketing solutions, is planning its IPO and aims to invest in AI commerce platforms and generative AI ad tech stacks.

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