Mar 21, 2015

GOOGLE TO BUY INMOBI INDIAN STARTUP

google inmobi deal

Google is in negotiations with InMobi to acquire this bangalore based mobile advertising startup company , if this deal goes through it would be Google Capitals first direct investment in Indian e-commerce space.

About InMobi
InMobi helps companies target the users of phones and mobile devices in their advertising. It was launched in 2007 and says it has more than 1 billion users across 200 countries.

Valuation of InMobi
$1 billion

Why Google is eyeing on Indian Mobile Startups?
240 million mobile Internet users in India
Majority of Indian Internet users access the web through their phones




TAGS: #google #inmobi #deal #startup #india

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