India’s first unicorn clicks again on the IPO button, this time at home
- Manu P TomsSwathi Moorthy
- THE ECONOMIC TIMES Jul 4, 2024, 11:53 IST IST
In 2021, ad-tech leader InMobi had made moves for a US listing with a potential $15bn market cap. But the vagaries of the capital market forced it to abort the plans. InMobi is back with its IPO plans. This time round, on the Indian bourses
Naveen Tewari, the founder of InMobi, carries nine mobile phones. Once, this even sparked a feeling of suspicion among the airport security. “I was asked, ‘dude, what’s your business?’” he says jokingly.
As the name InMobi suggests, Tewari’s business lies in mobile phones. Testing and tracking various products and features that InMobi is developing to harness mobile internet to power advertisements require him to travel around with multiple Android devices.
As the name InMobi suggests, Tewari’s business lies in mobile phones. Testing and tracking various products and features that InMobi is developing to harness mobile internet to power advertisements require him to travel around with multiple Android devices.
