InMobi readies $500M IPO with 15 AI ad formats, agentic buying to challenge Google-Meta duopoly
Bengaluru adtech InMobi is rolling out 15 AI-powered ad formats and agentic buying tools ahead of a planned $500M India IPO. Backed by $2.5B in media spend, 30,000 brands and Glance's 200M Indian users, the firm is positioning AI-native inventory as its wedge against Google and Meta.
What happened
Bengaluru-based adtech InMobi is launching 15 AI-powered ad formats and agentic buying tools ahead of a planned $500 million India IPO, leveraging Glance's 200
Key facts
- $500 million IPO
- $350 million raised Dec 2025
- $2.5 billion media spend
- 30,000 brands
- 2 billion users
- 200 million Glance users India
- 15 new ad formats
- 80% AI-written code
Why this matters
Pre-IPO is the window to lock partnership or minority terms with InMobi before public-market pricing crystallizes its agentic-buying and Glance inventory moat.