InMobi plans $100-150 million pre-IPO round as listing nears

InMobi, which provides mobile advertising network software, is in discussions to raise $100-150 million in a pre-IPO funding round as it looks to realign its cap table ahead of a public listing expected in FY27, according to three people aware of the matter, seeking anonymity.

- Priyamvada C & Mansi Verma

It is working with bankers to line up growth-stage investors

The company is working closely with its IPO bankers to tap growth-stage investment firms, the people cited above said.“The talks are still in early stages and calls with several investors have been held,” one of them said.