InMobi Founders Buy Back SoftBank Stake in $250 Million Deal


InMobi Founders Buy Back SoftBank Stake in $250 Million Deal
  • InMobi founders repurchase 25–30% stake from SoftBank
  • Deal values the mobile advertising firm at around $1 billion
  • Buyback comes shortly after InMobi secured $350 million in new funding

InMobi’s founding team has reportedly bought back a major part of SoftBank’s stake in the company, marking one of the biggest founder-led deals in India’s tech ecosystem this year. According to an ET report, the founders repurchased 25-30% equity from SoftBank in a transaction worth $250 million, valuing the company at around $1 billion.

SoftBank, which originally invested between $200-220 million, held nearly 35% of InMobi before the deal. Following the sale, its stake has dropped to 5-7%, signaling a significant exit for the Japanese investor.

The buyback comes soon after InMobi secured $350 million in fresh funding from Varde Partners, Elham Credit Partners, and SeaTown Holdings. The funding consists of two debt tranches $200 million at the operating company level and $150 million at the holding company level both backed by the founders’ shareholding.

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InMobi, led by founder and CEO Naveen Tewari, operates a global mobile advertising network that spans 165+ countries. Its ad-tech platform uses machine learning and AI to power mobile display ads, native ads, and app install campaigns, helping brands reach and engage users across mobile ecosystems. Based in Singapore, the company also has a strong presence in San Francisco and other global markets.

The company last raised $100 million in debt from MARS Growth Capital, a joint venture between MUFG and Liquidity Group. This is SoftBank’s second major founder-led exit in recent months, following Lenskart co-founder Peyush Bansal’s secondary share purchases in July.