19.07.2024

InMobi is planning to go public with an IPO. Its valuation could reach $10 billion

The technology company InMobi, which specializes in mobile advertising, has decided to go public. It plans to list on the Indian stock exchange in the second half of 2025.

InMobi has not yet started preparations for the IPO. However, according to sources from TechCrunch, the company expects that its market valuation could reach around $10 billion after going public. This will make InMobi's IPO one of the largest among tech companies in India.

InMobi also intends to relocate its headquarters to India at the beginning of 2025. Currently, it is located in Singapore.

Let's recall that in 2021, InMobi was already planning to go public, but not in India, rather in the United States. At that time, it was expected that going public would increase its market valuation to $12-15 billion. However, due to the COVID-19 pandemic's impact, the company canceled those plans.

Source:

Bloomberg
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