InMobi, India's first Unicorn, features among among 75 innovation milestones

Bangalore, May 5, 2022: India’s technological evolution has been amongst the fastest in the world, with certain key moments defining this phenomenal growth story. It is no mean feat for a private company, especially a homegrown start-up, to be seen as one of the catalysts that have enabled the nation to earn its place amongst the most technologically advanced, globally. InMobi Group, India’s first ‘unicorn,’ has done just that with several firsts to its credit.  Now one of the world’s largest players in digital advertising and consumer tech, InMobi has been recognized as a contributor to India’s history of innovation over the past 75 years by the Government of India. 

Commemorating India’s 75 years of independence, Atal Innovation Mission of NITI Aayog celebrated ‘Azadi Ka Amrit Mahotsav’ in New Delhi, on April 29. As part of this, an installation highlighting 75 technological milestones in the country’s history of innovation since independence was created. InMobi becoming India’s first unicorn (reaching $1 billion valuation) in 2011 was recognized as one of these key milestones. The company was the only tech start-up to have received this honor.  

Some of the other iconic events in history to be recognized included the launch of the Aryabhata Satellite and Chandrayaan, LPG Reforms (Liberalisation, Privatisation & Globalisation), the establishment of the first IIT and IIM, setting up of the DRDO and ISRO, the launch of Doordarshan, and formation of TCS.  

“As an entrepreneur, and as an Indian, I am extremely proud to see that together we have built a company that has cemented its place in the nation’s history of innovation. InMobi’s recognition alongside such monumental events is an incredible privilege for us. On behalf of the founders of InMobi Group, I would like to thank the Government of India, and all our employees across the world who have made this honor possible,” said Naveen Tewari, Founder & CEO, InMobi Group.   The company has been one of the few homegrown tech start-ups by Indian-origin founders to have successfully conquered international markets across the Americas, APAC, and MENA. It has created some of the world’s most path-breaking solutions in digital advertising as well as massive consumer platforms.

These include Glance – one of the world’s leading lock screen content platforms and Roposo, a destination for creator-led live commerce. Through its various consumer platforms, InMobi reaches over 400 million devices across the globe and aims to potentially reach a billion devices over the next 2 years.