SoftBank exits major InMobi stake in $250 million buyback deal

Ahead of the planned IPO, InMobi founders have bought back more than 30% of the company from the Japanese investment giant, raising their stake to around 60%.

4 December, 20252 min
0
SoftBank exits major InMobi stake in $250 million buyback deal

You may also like

Internet
Story image

Why SoftBank has shunned India

For one of the world’s largest and shrewdest investors to entirely skip putting money in the country is a sign of how quickly the nature of the Indian startup ecosystem has changed.

Tech
Story image

Can your tech team be downsized by half using AI code assistants?

In theory, these tools make it possible to do more with fewer workers, but it is not that straightforward.

State of the Unicorns
Story image

The forgotten lessons of Hike—Part I

A three-part series that documents the rise and decline of the original Indian social media company.