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InMobi, an adtech startup, has secured $100 million in debt financing from MARS Growth Capital. The profitable Indian firm plans to use the funds to significantly deepen its artificial intelligence initiatives and prepare for AI-focused acquisitions ahead of its planned IPO.
Consumer tech company @InMobi raises $100 million from MARS Growth Capital, prepares for AI-focused acquisitions. @TNIEBiz @Dipak_Journo
InMobi Secures $100 Million from MARS Growth Capital, Prepares for AI-Focused Acquisitions and Strategic Growth https://t.co/fX517mupAU https://t.co/bteHlHkLXo
InMobi secures $100 million for AI acquisitions ahead of IPO: https://t.co/bcfTeE9vPa by TechCrunch #infosec #cybersecurity #technology #news