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Mobile Ad Network InMobi Raises $200M From Softbank

BY  Preethi J
One of the largest investments in mobile Internet space; funds to be used for acquisition and scaling service.

Bengaluru-based mobile ad network InMobi has raised $200 million from Softbank Corp, a Japanese firm providing services on mobile communications, broadband infrastructure and Internet and fixed-line telecommunications.

The funding will happen in...

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