In true 2022 fashion, the ad tech industry has experienced celebrated highs and unprecedented lows. With ad spend down, acquisitions and mergers happening left and right, and privacy changes that upset the very foundations of our industry, many ad tech companies faced a sink or swim moment. Fortunately, however, InMobi proved once again to be great swimmers in this sea of unforeseen challenges. To evoke the words of our co-founder and CEO Naveen Tewari from his time on the First Principles Podcast back in October, in our company’s 15-year journey, we’ve become “pretty solid survivors.”
With that being said, we are pleased to announce that for a second year in a row Business Insider has named InMobi one of the 12 hottest ad tech companies. Our success can be attributed to a few factors: our ability to adapt, innovate, and stay ahead of the curve despite the current economic downturn. Business Insider also gives a well-deserved shoutout to our very own chief business officer Kunal Nagpal who oversees InMobi Exchange which has seen nearly 40 percent year-over-year revenue growth.
With the creation and formal expansion of Glance in 2023, we’ve prevailed in predicting the rise of surfaces being the next stage of mobile innovation. In the two years we’ve pooled together our best minds to create a stack of resources to help marketers and brands prepare for and adapt to privacy restriction changes from Apple and eventually Google.
With 2022 winding down, this recognition makes us even more excited for the New Year and what we have in store.
You can learn more about the announcement and the other companies on the list here:
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