Adtech
Pre IPO
InMobi Raises $350M Ahead Of 2026 IPO
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ByStartupStory | December 4, 2025
Indian mobile advertising platform InMobi has raised $350 million in a pre-IPO funding round led by Canada’s CPP Investments, with participation from existing investors including SoftBank and Carlyle Group. The fresh capital boost aims to accelerate product innovation, expand sales and engineering teams, and support global market expansion ahead of a planned initial public offering in 2026.
Founded in 2007, InMobi offers an AI-powered mobile advertising platform that connects brands with consumers across 1.8 billion devices worldwide. It operates a programmatic marketplace integrating data analytics, contextual advertising, and privacy-compliant targeting across Asia, North America, and Europe.
The recent capital injection values the company at approximately $5 billion and reflects growing investor confidence in mobile adtech amid increasing digital media consumption and shifts to mobile-first marketing. InMobi plans to deploy funds into emerging technologies such as connected TV advertising, in-app commerce, and augmented reality campaigns, seeking to capture rising advertising budgets on new platforms.
The company faces competitive pressure from global giants like Google 0.97% and Meta 4.22%, but pursues opportunities in fast-growing markets and differentiation through proprietary AI capabilities. InMobi’s 2026 IPO aims to unlock liquidity for pre-IPO investors while fueling innovation and global scale in the $500 billion digital advertising ecosystem.
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Clean-label food brand Anveshan has raised Rs 150 crore (nearly $16 million) in a Series B funding round led by Vertex Ventures Southeast Asia & India. The round also saw participation from International Finance Corporation (IFC), Swiggy co-founder Sri Harsha Majety, and existing investors including Wipro Consumer Care Ventures, Titan Capital Winners Fund, Force Ventures, and boAt co-founders Aman Gupta and Sameer Mehta. Entrackr had exclusively reported the development last week. According to Entrackr’s estimates, the funding valued the company at over $90 million. The fresh capital will be used to strengthen manufacturing capabilities, accelerate product development, expand offline distribution, and deepen its digital presence. The company also plans to invest in sourcing infrastructure, procurement systems, quality assurance, and testing capabilities while expanding partnerships with micro entrepreneurs and traditional producers. Founded in 2020 by Kuldeep Parewa, Akhil Kansal, and Aayushi Khandelwal, Anveshan sells minimally processed food products including A2 bilona ghee, cold-pressed oils, raw honey, atta, and other traditional nutrition-focused products. The startup operates through a network of rural producers and micro entrepreneurs across the country. Anveshan claims to be operating at an annual revenue run rate of Rs 280-300 crore and is targeting Rs 1,000 crore in revenue over the next 24-30 months. The company plans to expand its atta portfolio, strengthen its owned digital channels, scale offline distribution, and continue investing in product innovation. For the fiscal year ended March 2025, Anveshan reported a 64.6% increase in operating revenue to Rs 77.08 crore from Rs 46.84 crore in FY24. Its losses widened to Rs 11.88 crore in FY25 from Rs 5.74 crore in the previous fiscal year....
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