AI plans: InMobi secures $100 mn debt financing from MARS
As per reports, InMobi will be using this fund to further developments and acquisitions in the Artificial Intelligence domain
by
Published: Sep 11, 2024 11:50 AM | 1 min read
Follow Us
InMobi has locked $100 million debt financing from MARS Growth Capital for developments and acquisitions in the Artificial Intelligence domain, media reports have said.
InMobi's fund raising comes after an interval of five years.
Media reports quoted InMobi CEO Naveen Tewari as saying that the fund raising will help the company "revolutionize digital interactions and advertising".
Some reports have also suggested that InMobi may be in the process of introducing its IPO in India in the second half of 2025.
Read more news about Digital Media, Internet Advertising, Marketing News, Television Media, Radio Media
For more updates, be socially connected with us onInstagram, LinkedIn, Twitter, Facebook, YouTube & Google News