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InMobi secures $100M in debt financing

InMobi secures $100M in debt financing
InMobi secures $100M in debt financing

InMobi, a Singapore-based consumer tech company, secured $100M in debt funding.

MARS Growth Capital led the round. The funds will accelerate InMobi's AI development and potential AI-focused acquisitions.

InMobi, led by CEO Naveen Tewari, operates core businesses Glance and InMobi Advertising. The company aims to enhance mobile engagement through AI-powered solutions.

Glance provides personalized content directly to users' smartphones, while InMobi Advertising offers targeted, data-driven media solutions to brands globally.

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