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True North acquires minority stake in IPO-bound InMobi for $50–60 million

2 sources · first seen 16:11 25 Sept · updated 17:51 26 Sept

The brief

Written from 2 reports · check the source before you trade
  • True North acquired a minority stake worth around $50–60 million in InMobi
  • Valuation details were unavailable because the investment was blended across different entities

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Read the reports

2 reports · earliest 16:11
MintTrue North picks up $50-60 mn stake in IPO-bound InMobi16:11Inc42True North Acquires Minority Stake in IPO-Bound InMobi17:51