InMobi, a global leader in consumer technology, has announced a significant milestone with the completion of a $100 million debt financing agreement from MARS Growth Capital, a joint venture between MUFG and Liquidity Group. This funding will be instrumental in advancing InMobi’s artificial intelligence (AI) initiatives and supporting potential AI-focused acquisitions.

• Details of the Financing Agreement:

  • Amount and Purpose:
    • $100 million debt financing from MARS Growth Capital.
    • Funds will enhance AI development and deployment.
    • Potential acquisitions in the AI space.
  • Investors:
    • MARS Growth Capital, a joint venture between MUFG and Liquidity Group.
    • Known for investing in future-ready AI platforms in APAC and Europe.

• InMobi’s Vision and AI Integration:

  • AI’s Role in InMobi’s Strategy:
    • AI is central to both InMobi’s consumer and enterprise solutions.
    • Enhancing lock screen experiences and advertising platforms.
    • Aims to deliver immersive and personalized brand engagements.
  • Statements from Leadership:
    • Naveen Tewari, CEO of InMobi: Highlights AI’s role in revolutionizing ad experiences and the impact of the new funding on growth.
    • Ron Daniel, Co-Founder and CEO, Liquidity Group: Discusses the commitment to growing the Asian tech ecosystem and the significance of this transaction.
    • Navas Ebin, Head of APAC, Liquidity and MARS Growth Capital: Emphasizes AI’s transformative impact on business operations and InMobi’s position for innovation.

• MARS Growth Capital and Its Role:

  • Focus Areas:
    • Investing in high-performing global technology companies.
    • Specialization in AI platforms in APAC and Europe.
  • Liquidity Group’s Contribution:
    • Experienced team in entrepreneurship and data science.
    • Supporting companies in the AI-driven tech landscape.
      
      

The $100 million financing agreement with MARS Growth Capital marks a significant step for InMobi as it seeks to deepen its AI capabilities and explore strategic acquisitions. This funding will enable InMobi to further its mission of transforming consumer engagement through advanced AI technologies, positioning itself as a key player in the evolving tech landscape.