InMobi secures $100 million for AI acquisitions ahead of IPO

Adtech startup InMobi has raised $100 million in debt financing as the profitable Indian firm looks to “significantly deepen” its artificial intelligence initiatives and fund potential AI acquisitions ahead of a planned IPO next year. Mars Growth Capital, a joint venture between MUFG and Liquidity Group, has financed the funding, InMobi said Wednesday. The investment […] © 2024 TechCrunch. All rights reserved. For personal use only.

Sep 11, 2024 - 11:00

InMobi secures $100 million for AI acquisitions ahead of IPO

Adtech startup InMobi has raised $100 million in debt financing as the profitable Indian firm looks to “significantly deepen” its artificial intelligence initiatives and fund potential AI acquisitions ahead of a planned IPO next year. Mars Growth Capital, a joint venture between MUFG and Liquidity Group, has financed the funding, InMobi said Wednesday. The investment […]