We don’t need further capital, says InMobi CEO Naveen Tiwari

Tiwari says people should not confuse the role of looking for these partnerships actively with anything else.

We don’t need further capital, says InMobi CEO Naveen Tiwari
Naveen tiwari, CEO, InMobi

Are you looking to raise more money, and are you struggling?
The second one is easy. The answer is no. We don’t need further capital. We’re pretty well set in terms of our financials.

There’s a practical answer to the first question. Our corpus team explores strategic partnerships all the time.

It's their job. Some of these have investments linked to them. These are done once every 2-3 years. Before deciding on one, you need to explore 50 more opportunities.

People should not confuse the role of looking for these partnerships actively with anything else. Our business works on a 40 per cent gross margin and that too at a very large scale.
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