Mobi Pte News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Son rejigs InMobi bet ahead of $1 billion IPO, transfers shareholding to SVF 2 SECTIONS Share Reuters FILE PHOTO: SoftBank Corp's logo is pictured at a news conference in Tokyo, Japan, February 4, 2021. REUTERS/Kim Kyung-Hoon Japanese technology and telecoms conglomerate SoftBank Group Corp has transferred its around 40% shareholding in mobile ad services platform InMobi - its oldest investment in India - to Softbank Vision Fund (SVF) 2, people aware of the development said, expecting a bumper windfall once the Bengaluru-based company makes a public market debut. The $30 billion SVF 2 has cap...

Naveen Tewari, Co-founder of InMobi Limited InMobi Pte, which provides mobile-advertising services globally, is planning to list in the U.S. by the end of the year, according to a person familiar with the plan, potentially the first among a slew of Indian startups targeting initial public offerings. The tech upstart, India's first private company to reach unicorn status with venture funding, could kick off the IPO process in a few weeks, when its board is set to meet to consider a listing, said the person, who asked not to be identified talking about a confidential matter. The offering size c...