The technology company InMobi, specializing in mobile advertising, has decided to go public. It plans to list on the stock exchange in India in the second half of 2025.
InMobi has not yet begun preparations for the IPO. However, according to TechCrunch sources, it expects its market value to be around $10 billion after going public. This would make InMobi's IPO one of the largest among technology companies in India.
InMobi also plans to move its headquarters to India in early 2025. Currently, it is located in Singapore.
Recall that in 2021, InMobi had planned to go public, but in the US rather than India. At that time, it was expected that the IPO would increase its market value to $12-15 billion. However, due to the impacts of the COVID-19 pandemic, the company canceled its plans.