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News 2026-09-28 06:32 UTC

True North Acquires Minority Stake In InMobi For $50-60 Mn: Report

Private equity firm True North has acquired a minority stake worth around USD 50-60 million in adtech unicorn InMobi through secondary share purchases, as the SoftBank-backed company prepares for a proposed USD 1 billion initial public offering.According to a media report, True North has acquired a…