True North is investing around $50–60 million through secondary share purchases, according to media reports
Acquisition
InMobi Minority Stake Acquisition
True North has acquired a minority stake in InMobi as the company prepares for its upcoming IPO. This strategic investment highlights the growing interest in digital advertising and technology sectors.
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Increased Investment in Digital Firms
True North picks up minority stake in InMobi ahead of IPO
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2 Events
Oct 2023
True North Acquires Stake
True North announces the acquisition of a minority stake in InMobi.
Latest
Oct 2023
InMobi IPO Plans
InMobi reveals its plans to go public, aiming to leverage the recent investment.
01 Oct 2023
True North Acquires Stake
True North announces the acquisition of a minority stake in InMobi.
15 Oct 2023
Latest
InMobi IPO Plans
InMobi reveals its plans to go public, aiming to leverage the recent investment.
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True North picks up minority stake in InMobi ahead of IPO
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True North has acquired a minority stake in InMobi as the company prepares for its upcoming IPO. This strategic investment highlights the growing interest in digital advertising and technology sectors.