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#289 by ARRBengaluru, INinmobi.com ↗

InMobi

InMobi sells AI-driven mobile advertising and monetization platforms to advertisers, app publishers, and telcos, plus commerce and consumer-content products.

ARR
$400M
as of Mar 2026
Employees
~2,500
as of Jan 2026
Valuation
$4–5B (IPO target)
11× ARR
ARR / employee
$160K
revenue efficiency
About InMobi

InMobi (formerly mKhoj) runs an ad platform that connects brands with mobile consumers. It also offers publisher monetization, retail media, and consumer-content products through its Glance unit. Customers are advertisers, app developers and publishers, and telecom operators, and it earns mainly from advertising revenue. Founded in 2007, it became India's first unicorn in 2011 and reported about US$281M in revenue for FY23. In December 2025 it raised $350M in debt, and it is reportedly preparing for an IPO in India.

AI advertising platform + Glance lock-screen AI; India's first unicorn, IPO-bound. FY23 revenue $281M (Wikipedia); est. ~$400M FY26 with Glance growth. IPO targeting $4–5B valuation.

Investors · 4

BoardKleiner PerkinsVenture capital· Mike Abbott (General Partner at Kleiner Perkins Caufield & Byers (joined InMobi board in 2012; current status not confirmed))20 partners on file
BoardSoftBankCorporate· Narendra Rathi (InMobi board director representing SoftBank Group)13 partners on file
BoardSoftBankCorporate· Alexander Richard Fortmuller (InMobi board director representing SoftBank Group)13 partners on file
InvestorKleiner PerkinsVenture capital20 partners on file
InvestorMumbai AngelsVenture capital3 partners on file
InvestorSherpalo VenturesVenture capital
InvestorSoftBankCorporate13 partners on file
36 partner contacts across these firms, emails and LinkedIn are in Investor Contacts for paid members.

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