March 31 - 12:03
InMobi, India's first unicorn, plans $1bn IPO
India's first unicorn, InMobi Pte, which provides mobile-advertising services globally, has revealed its plans to list in the U.S. via an IPO by the end of the year, Bloomberg revealed. InMobi could pave the way for other Indian startups targeting initial public offerings. The offering size is predicted to be as large as $1bn, valuing the company at $12bn to $15bn.
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