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InMobi Plans $1 Billion IPO in India with SoftBank Backing

InMobi Pte, a mobile advertising platform backed by SoftBank, is targeting a $1 billion initial public offering in India, sources revealed. The company aims to raise significant funds through this IPO, which could have a major impact on the Indian tech and advertising industries.

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THE NBW BRIEF

  • InMobi Pte, a mobile advertising platform backed by SoftBank, is targeting a $1 billion initial public offering in India, sources revealed.
  • The company aims to raise significant funds through this IPO, which could have a major impact on the Indian tech and advertising industries.

[Via]

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