Mars Growth Capital, by Liquidity and MUFG, Provides $100 Million Debt Financing Deal with Global Consumer Technology Company, Inmobi, as reported by Tech Crunch
Mars Growth Capital, a joint venture between MUFG and Liquidity Group, has provided $100 million in debt financing to Indian adtech startup InMobi, according to Tech Crunch. This funding represents one of the largest transactions for Mars Growth and highlights its growing presence in India, where it has recently invested in other notable startups such as Zepto and Infra.Market. The investment will support InMobi’s efforts to expand its AI initiatives and explore potential AI acquisitions in preparation for its upcoming IPO.
Mars Growth’s involvement reflects its commitment to strengthening the Asian tech ecosystem. According to Ron Daniel, co-founder and CEO of Liquidity Group and CEO of Mars Growth, the joint venture is focused on fostering growth in the region’s technology landscape.
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