<\/strong>
InMobi<\/a> Pte, which provides mobile-advertising services globally, is planning to list in the U.S. by the end of the year, according to a person familiar with the plan, potentially the first among a slew of Indian startups<\/a> targeting initial public offerings.
The tech upstart, India’s first private company to reach unicorn status with venture funding, could kick off the IPO<\/a> process in a few weeks, when its board is set to meet to consider a listing, said the person, who asked not to be identified talking about a confidential matter. The offering size could be as large as $1 billion, valuing InMobi at $12 billion to $15 billion, the person said.
A successful debut could make InMobi the first of India’s unicorns to directly list in a U.S. stock exchange, highlighting the country’s shift beyond information technology and outsourcing services. The sale would be a windfall, at least on paper, for InMobi’s biggest backer SoftBank Group Corp., which owns about 40% of the company.
InMobi is about three months from filing an S-1 statement, a registration document submitted to the U.S. Securities and Exchange Commission, and plans an IPO roadshow after that, said the person. Among the banks in talks to work on InMobi’s listing are JPMorgan Chase & Co., Goldman Sachs Group Inc. and Citigroup Inc., said the person.
An InMobi spokesman declined to comment.
The pandemic has been a boon for ad-technology companies including InMobi as it has accelerated a shift to mobile in gaming, video streaming and shopping. Advertisers have been quick to follow and capitalize on the trend.
InMobi, which operates in markets including China, the U.S., South Korea, Australia and India, uses algorithms to deliver targeted advertising to users’ phones. The company also helps advertisers create ads and monetize site traffic, providing real-time reports on campaign performance.
Harvard Business School alum Naveen Tewari, now 43, co-founded InMobi in 2007 with fellow engineering and business-school peers after a brief stint as a consultant at McKinsey & Co. It became India’s first unicorn in 2011.
Dozens of other Indian tech startups have reached $1 billion in valuation since. Of these, several including Walmart Inc.-owned online retailer Flipkart Online Services Pvt and food-delivery startup Zomato Pvt are said to plan listings in India or the U.S.
InMobi, based in Bangalore, said as far back as 2017 that it was operationally profitable and in 2019 stated that it was targeting $1 billion in gross revenue that year. It competes with Facebook Inc. and Alphabet Inc.’s Google in a digital-advertising market expected to reach $579 billion in 2021, according to a forecast by ad-agency network Dentsu.
In December, Tewari’s other startup Glance Digital Experience Pvt received $145 million from Google and Mithril Capital at a valuation of more than $1 billion, making it his second unicorn. Glance, majority-owned by InMobi, was started less than two years ago.
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印度的第一个独角兽计划我们在价值150亿美元的IPO
一个成功上市可以展示印度独角兽的第一直接在美国证券交易所上市,突出国家的超越信息技术和外包服务的转变。
由Saritha拉伊
InMobiPte,它提供了手机广告服务在全球范围内,计划今年年底在美国上市,据一位知情人士透露,计划,可能第一次在一系列印度公司针对首次公开发行(ipo)。
科技新贵,印度第一家私人公司到独角兽状态与风险投资,可以启动首次公开募股过程在几周后,董事会将见面时考虑上市,这个人说,他不愿透露姓名的谈论一个机密的问题。提供大小可能多达10亿美元,重视展示在120亿美元到150亿美元,这位人士说。
一个成功上市可以展示印度独角兽的第一直接在美国证券交易所上市,突出国家的超越信息技术和外包服务的转变。销售将是一个意外,至少在纸面上,要展示的最大支持者软银集团公司,拥有约40%的公司。
InMobi大约是三个月从申请一个s - 1声明,注册文档提交给美国证券交易委员会(sec),并计划IPO路演之后,说的人。银行进行谈判工作中展示的清单是摩根大通(jpm . n:行情),高盛集团(Goldman Sachs Group Inc .)和花旗集团(Citigroup Inc .)、人说。
要展示的一位发言人拒绝置评。
流感大流行是有利于广告技术公司包括InMobi加速转向移动游戏、视频和购物。广告商已经迅速,利用这一趋势的发展。
InMobi,经营市场包括中国、美国、韩国、澳大利亚和印度,使用算法的有针对性广告推送到用户的手机。该公司还帮助广告商创建广告和网站流量赚钱,对运动性能提供实时报告。
现年43岁的哈佛商学院校友Naveen特瓦芮共同展示2007年同工程和商学院的同行在短暂担任麦肯锡顾问。它在2011年成为印度第一家独角兽。
数十个其他印度的科技创业公司估值达到10亿美元。其中,一些包括沃尔玛Inc.-owned Flipkart公司在线零售商在线服务Pvt和食品外卖启动Zomato Pvt计划在印度或美国上市
总部设在班加罗尔InMobi表示,早在2017年,在2019年盈利,说它是针对总值10亿美元的收入。与Facebook Inc .和字母公司竞争。”谷歌在一个数字市场预计将在2021年达到5790亿美元,据预测日本电通广告代理商网络。
去年12月,特瓦芮的其他启动一眼数码体验Pvt从谷歌获得了1.45亿美元的估值和虚构的资本超过10亿美元,这使得他的第二个独角兽。InMobi控股的,目光开始不到两年前。
InMobiPte,它提供了手机广告服务在全球范围内,计划今年年底在美国上市,据一位知情人士透露,计划,可能第一次在一系列印度公司针对首次公开发行(ipo)。
科技新贵,印度第一家私人公司到独角兽状态与风险投资,可以启动首次公开募股过程在几周后,董事会将见面时考虑上市,这个人说,他不愿透露姓名的谈论一个机密的问题。提供大小可能多达10亿美元,重视展示在120亿美元到150亿美元,这位人士说。
一个成功上市可以展示印度独角兽的第一直接在美国证券交易所上市,突出国家的超越信息技术和外包服务的转变。销售将是一个意外,至少在纸面上,要展示的最大支持者软银集团公司,拥有约40%的公司。
InMobi大约是三个月从申请一个s - 1声明,注册文档提交给美国证券交易委员会(sec),并计划IPO路演之后,说的人。银行进行谈判工作中展示的清单是摩根大通(jpm . n:行情),高盛集团(Goldman Sachs Group Inc .)和花旗集团(Citigroup Inc .)、人说。
要展示的一位发言人拒绝置评。
流感大流行是有利于广告技术公司包括InMobi加速转向移动游戏、视频和购物。广告商已经迅速,利用这一趋势的发展。
InMobi,经营市场包括中国、美国、韩国、澳大利亚和印度,使用算法的有针对性广告推送到用户的手机。该公司还帮助广告商创建广告和网站流量赚钱,对运动性能提供实时报告。
现年43岁的哈佛商学院校友Naveen特瓦芮共同展示2007年同工程和商学院的同行在短暂担任麦肯锡顾问。它在2011年成为印度第一家独角兽。
数十个其他印度的科技创业公司估值达到10亿美元。其中,一些包括沃尔玛Inc.-owned Flipkart公司在线零售商在线服务Pvt和食品外卖启动Zomato Pvt计划在印度或美国上市
总部设在班加罗尔InMobi表示,早在2017年,在2019年盈利,说它是针对总值10亿美元的收入。与Facebook Inc .和字母公司竞争。”谷歌在一个数字市场预计将在2021年达到5790亿美元,据预测日本电通广告代理商网络。
去年12月,特瓦芮的其他启动一眼数码体验Pvt从谷歌获得了1.45亿美元的估值和虚构的资本超过10亿美元,这使得他的第二个独角兽。InMobi控股的,目光开始不到两年前。
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