Private equity firm True North has secured a minority stake in the adtech startup InMobi, valued at approximately $50-60 million, signaling confidence in the company's upcoming IPO. This investment comes as the Indian technology sector continues to attract significant global interest.
True North Invests in InMobi Ahead of Anticipated IPO
R
RDU Global Correspondent
Markets & IPOs Desk
Bengaluru, India Sept 26, 2026•4 min read
Private equity firm True North has secured a minority stake in the adtech startup InMobi, valued at approximately $50-60 million, signaling confidence in the company's upcoming IPO. This investment comes as the Indian technology sector continues to attract significant global interest.
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Reported by RDU Global Correspondent. Formatted and verified using real-time institutional and journalistic wire feeds. Independent reporting adhering to the RDU Global Editorial Code of Conduct.
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