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News 2026-09-25 14:23 UTC

True North picks up $50-60 mn stake in IPO-bound InMobi

Mumbai, Sept. 25 -- True North has picked up a stake in initial public offering (IPO)-bound InMobi in a largely secondary transaction, three people familiar with the matter said. The investment is the first technology sector bet from the private equity firm's seventh fund."The investment firm has a…