Mobile advertisement and software company InMobi is all set to enter a phase of hyper-growth, and with this multiplies the tasks for founder and CEO Naveen Tewari.
Glance, the home-grown firm’s newest business, has just received major funding from an unexpected source — Google — vaulting the 18 month-old-unit to Unicorn status (start-ups that are valued at over $1 billion), the second one from the InMobi Group. The investment is unusual, because the Mountain View-headquartered internet major is one of the primary competitors of InMobi Marketing Cloud, the main and most matured business of the Bengaluru-based company, apart from Facebook