Startup Atlas · AdTech

InMobi Unicorn

InMobi Technology Services Private Limited Bengaluru, Karnataka Founded 2007 inmobi.com ↗
Naveen Tewari · Founder & CEO Mohit Saxena · Co-founder Amit Gupta · Co-founder Abhay Singhal · Co-founder & Chief Revenue Officer
$665.6 MnTotal funding (tracked)
6Funding rounds
4 Dec 2025Last round

InMobi: Business Model Canvas

The nine-block Business Model Canvas, filled in only where a public source states it — empty blocks mean we haven't found a citable fact yet, not that the answer is zero.

Value Propositions

Extraordinary value to publishers and advertisers

Kleiner Perkins' John Doerr describing InMobi's value delivery at the time of its Series C.

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Drive Real Connections

InMobi's stated mission and core platform value proposition for customer growth.

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Massive independent global reach

Scale of InMobi's independent (non-walled-garden) mobile ad network reach.

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Customer Segments

Advertisers, publishers & developers

InMobi's core three-sided marketplace of ad buyers, app/web publishers and mobile app developers.

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Global brand advertisers

Marquee consumer brands running mobile ad campaigns on InMobi's network.

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Enterprise customers (contemporary)

Large modern enterprise advertisers on InMobi's platform.

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Customer Relationships

Self-serve publisher platform

InMobi's stated direction toward publisher self-service for monetization management.

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Managed customer support for developers & publishers

Dedicated support and tooling alongside self-serve options for app developer and publisher customers.

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Channels

InMobi Exchange (programmatic)

InMobi's premium mobile programmatic ad exchange.

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InMobi Studio / Sprout (rich-media authoring)

HTML5 rich-media ad creation and distribution platform, acquired via Sprout.

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Direct app-developer / SDK network

Direct integrations with app developers across dozens of countries.

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Key Activities

Mobile ad serving & real-time optimization

Building and operating the scalable ad-serving/optimization platform at the core of InMobi's business.

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AI-driven app growth & App Store Optimization

Post-MobileAction, extending into AI-powered app discoverability and ASO for iOS.

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Consumer content & commerce (Glance/Roposo)

Operating affiliated consumer businesses delivering entertainment and shopping on lock-screen and CTV surfaces.

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Key Resources

AdROIt real-time ad-serving engine

InMobi's proprietary analytics/optimization engine underlying its ad-serving platform.

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TruFactor data business & InMobi UMC ad-tech unit

In-house subsidiaries underpinning InMobi's data and ad-tech capabilities, alongside consumer arm Glance.

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Large-scale data processing infrastructure

High-throughput big-data infrastructure processing ad requests and events at scale.

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Key Partnerships

SoftBank

Strategic investor partnership formed via the 2011 Series C, alongside earlier VCs.

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Rubicon Project

Joint launch of a programmatic mobile advertising exchange.

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Mars Growth Capital (MUFG / Liquidity Group)

Debt-financing partner backing InMobi's AI-acquisition strategy ahead of a planned IPO.

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Revenue Streams

Programmatic video advertising35% of overall revenue

Video and programmatic advertising as a distinct, large share of overall revenue post-AerServ.

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Overall advertising & commerce revenue (target)>$700 Mn annual revenue target

Company-wide annual revenue target disclosed ahead of a planned IPO.

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India-entity advertising revenueRs 589.57 Cr in FY23

Revenue booked by InMobi's Indian operating entity, InMobi Technology Services Pvt Ltd.

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Cost Structure

Total operating expenses (India entity, FY23)Rs 470.37 Cr, +27% YoY

Total spend by InMobi Technology Services Pvt Ltd in FY23.

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Advertising & marketing expense (India entity, FY23)Rs 4.98 Cr in FY23

Marketing spend line item within total expenses.

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Depreciation & amortisation (India entity, FY23)Rs 17.38 Cr in FY23

D&A expense line item, reflecting capitalized technology/infrastructure investment.

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FAQs on InMobi

What is InMobi's business model?

InMobi's core value proposition centers on Extraordinary value to publishers and advertisers, Drive Real Connections, Massive independent global reach.

How does InMobi make money?

InMobi's cited revenue streams include Programmatic video advertising, Overall advertising & commerce revenue (target), India-entity advertising revenue.

Sources & corrections. Every fact on this page is compiled from cited public sources — follow the "source" links beside each entry. Profile sources: advertising.inmobi.com · Last verified 7 Sep 2026. · Report a correction