Archive · 3 Sep 2025
InMobi Seeks $350M Loan for Share Buyback, Expansion
InMobi, a mobile advertising company backed by SoftBank, is trying to get a $350 million loan.
This money will be used to buy back shares from some of its investors, like SoftBank, and to help InMobi grow.
InMobi hopes to do this before they sell shares to the public through an IPO in India.
InMobi started in Mumbai in 2007 but is now based in Singapore.
The demand for these types of loans in India is increasing due to investments in infrastructure and expanding companies.
InMobi is seeking a $350 million private loan.
The loan will fund a share buyback from SoftBank and other investors.
Proceeds also for capital expansion and potential acquisitions.
Talks for the private loan are ongoing.
InMobi was founded in Mumbai in 2007 and is now headquartered in Singapore.
- Who
- InMobi Group, a mobile advertising platform
- What
- Seeking a $350-million private loan.
- When
- Talks for the private loan are ongoing.
- Where
- India, Singapore (headquarters)
- Why
- To fund the buyback of shares and capital expansion ahead of its IPO.
- Company
- InMobi Group
- Loan Amount
- $350 million
- Loan Purpose
- Share buyback and capital expansion
- Location
- Singapore (headquarters), Mumbai (founded)
- Investors
- SoftBank, Kleiner Perkins, Sherpalo Ventures
- Founded
- 2007