True North Takes Minority Stake in IPO-Bound InMobi in $50–60 Million Deal
Private equity firm True North has reportedly acquired a minority stake in adtech startup InMobi in a transaction valued at about $50 million to $60 million, according to people familiar with the matter. The investment comes as InMobi prepares for a potential public listing, underscoring renewed investor interest in profitable, scaled Indian technology companies with global reach.
