InMobi Pte appoints JPMorgan, Jefferies for $1B IPO as India’s tech listing wave builds
Crypto Briefing 2026-07-21 12:55:45
Context: InMobi Pte, a technology company, has appointed JPMorgan and Jefferies to manage a $1 billion initial public offering (IPO) that could value the company at $4-5 billion. The IPO is planned for Indian exchanges, contributing to the growing wave of tech listings in the country. This move signifies a significant development in India's tech industry.
Key Facts
- InMobi Pte has appointed JPMorgan, Jefferies, and other banks to manage its $1 billion IPO, which is expected to value the company at $4-5 billion.
- The planned IPO is targeted for Indian exchanges, indicating InMobi's strategy to tap into the country's growing tech listing market.
- The $1 billion IPO is part of a larger trend of tech companies going public in India, contributing to the country's emerging status as a hub for tech listings.