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InMobi (formerly mKhoj) runs an ad platform that connects brands with mobile consumers. It also offers publisher monetization, retail media, and consumer-content products through its Glance unit. Customers are advertisers, app developers and publishers, and telecom operators, and it earns mainly from advertising revenue. Founded in 2007, it became India's first unicorn in 2011 and reported about US$281M in revenue for FY23. In December 2025 it raised $350M in debt, and it is reportedly preparing for an IPO in India.