InMobi readies $500M IPO with 15 AI ad formats, agentic buying to challenge Google-Meta duopoly

Bengaluru adtech InMobi is rolling out 15 AI-powered ad formats and agentic buying tools ahead of a planned $500M India IPO. Backed by $2.5B in media spend, 30,000 brands and Glance's 200M Indian users, the firm is positioning AI-native inventory as its wedge against Google and Meta.

— Filed Mon, 15 Jun, 2026, 17:50 IST · Source Mint · Updated

Bengaluru-based adtech InMobi is launching 15 AI-powered ad formats and agentic buying tools ahead of a planned $500 million India IPO, leveraging Glance's 200 million Indian users and partnerships like Scope3 to compete with Google and Meta.