Trends
India’s first unicorn sets sights on IPO after returning home
OUR TAKEInMobi, a Mumbai-based mobile advertising company, is targeting an IPO in India in the second half of 2025, following its strategic decision to move its headquarters back to India from Singapore earlier this year. The move, spearheaded by founder Naveen Tewari, aims to take advantage of Indi…
Headline
OUR TAKEInMobi, a Mumbai-based mobile advertising company, is targeting an IPO in India in the second half of 2025, following its strategic decision to move its headquarters back to India from Singapore earlier this year. The move, spearheaded by founder Naveen Tewari, aims to…
Context
OUR TAKE InMobi, a Mumbai-based mobile advertising company, is targeting an IPO in India in the second half of 2025, following its strategic decision to move its headquarters back to India from Singapore earlier this year. The move, spearheaded by founder Naveen Tewari, aims to take advantage of India’s robust economic growth and favourable stock market conditions, and reflects a wider trend among Indian tech companies to return to and invest in the local market. The shift from considering a US listing to focusing on India is driven by positive market dynamics and complex regulatory environments abroad. It is also a testament to the growing attractiveness of the Indian market as a hub for tech innovation and investment, which bodes well for the country’s tech ecosystem. — Heidi Luo , BTW reporter InMobi, a leading mobile advertising company originally founded in Mumbai, has announced its plans for an initial public offering (IPO) in India, scheduled for the second half of 2025. The company founded in 2007 by Naveen Tewari, will move its corporate headquarters back to India from Singapore in early 2025 in preparation for the IPO and to align its operations with India’s fast-growing economy.
Evidence
Pending intelligence enrichment.
Analysis
The decision to move its headquarters and list in India follows a rapid economic growth and strong stock market performance. InMobi aims to capitalise on these favourable conditions and sees this as an opportunity to enhance its growth prospects within the booming technology landscape. The move is a reversal of the company’s earlier consideration of a US listing, which was postponed due to volatile market conditions and a complex regulatory environment. Also read: India’s X alternative Koo to shut down services Also read: KKR-backed OneStream shareholders seek $466M in US IPO
Key Points
- InMobi planned an IPO in India in 2025 and will relocate its headquarters from Singapore to capitalise on India’s a booming stock market.
- The move followed a trend of Indian tech companies returning from overseas, encouraged by strong local market performance and investor interest.
Actions
Pending intelligence enrichment.
