In a significant move underscoring shifting dynamics in India’s technology ecosystem, the co-founders of InMobi have reacquired a major stake in the company from SoftBank, as first reported in “InMobi Cofounders Buy Back Major Stake from SoftBank,” published by startupnews.fyi on December 4. The strategic buyback represents not only a deepening commitment by the founding team to long-term growth but also signals a broadening trend of Indian entrepreneurs seeking greater control over their ventures amid evolving investor landscapes.
According to the report, the transaction sees SoftBank selling a substantial portion of its holding in Glance, a subsidiary of InMobi Group, back to the original founding team. While specific financial terms of the deal have not been disclosed, the shift marks a significant realignment in the ownership structure of one of India’s most prominent digital advertising and content platforms. Industry observers suggest that the move may pave the way for increased autonomy and strategic clarity as InMobi explores growth opportunities independent of long-standing investor oversight.
Founded in 2007 by Naveen Tewari and a group of entrepreneurs, InMobi has evolved into a global ad-tech force, competing with major international players. In 2011, SoftBank invested in the company, becoming one of its largest stakeholders during a period of massive expansion powered by mobile advertising and data analytics solutions. The more recent emergence of Glance—a lock-screen content delivery and engagement platform—as a powerful business unit has further diversified InMobi’s portfolio.
The buyback occurs at a time when large institutional investors, including SoftBank, are reevaluating their global tech portfolios after years of aggressive expansion. This recalibration has opened pathways for founders and early stakeholders to reclaim greater equity positions, aligning investor exits with the operational priorities of companies entering more mature phases of development.
For InMobi’s leadership, the transaction offers a renewed capacity to maneuver decisively, particularly as it prepares for potential capital market moves. While speculation around a public listing has circulated for years, the redefined cap table may simplify preparations for an IPO or alternative strategic options.
The development also touches on broader themes within India’s startup ecosystem, where increasing global investor interest over the last decade has begun to give way to more introspective governance models. As founders seek to recalibrate ownership ahead of scalability or profitability pushes, deals like this may herald a more founder-driven approach across sectors.
SoftBank, for its part, retains some stake in Glance, signaling continued support even amid divestment. The move is thought to be part of a broader portfolio adjustment rather than a full exit, reflecting a shift in focus rather than a retreat from Indian markets.
As InMobi charts its next phase, the return of greater ownership to its original visionaries could serve as a catalyst for innovation and strategic agility, solidifying its position as a key player in the increasingly competitive global digital economy.
