2024-09-11 14:54:41.AIbase.11.7k
InMobi, a Mobile Advertising Company, Secures $100 Million Funding for AI Expansion and IPO Plans
Indian ad tech startup InMobi has announced the completion of $100 million funding, primarily from Mars Growth Capital, aimed at enhancing its AI capabilities and supporting future acquisitions. As a profitable company, InMobi collaborates with renowned brands like Mastercard and Samsung, actively exploring AI technology to enhance ad interactivity. It partners with thousands of app developers across over 50 countries, focusing on seamlessly integrating native advertising into content to improve user experience. Additionally, InMobi also owns Glanc.