India's First Unicorn InMobi Prepares for Blockbuster IPO, Aims to Raise ₹4500 Crore

• InMobi, India's first unicorn startup, is preparing for an Initial Public Offering (IPO) to raise over $500 million (₹4500 crore).
• The company has engaged with 8 investment banks, including Kotak Mahindra Capital, Axis Capital, and JP Morgan, for advisory roles.
• InMobi is targeting a valuation between $4 billion and $5 billion through the IPO, having achieved unicorn status in 2011.
• The company is in the process of shifting its base from Singapore to India, signaling its commitment to the Indian stock market.
• Founded in 2007, InMobi is a global consumer technology company specializing in mobile advertising solutions powered by AI.