Image for IPO-bound InMobi gets $350 million from Varde, Elham, Seatown
Firm raises new financing to fund a share buyback from SoftBank and PE investors
IPO-bound InMobi Technologies, the SoftBank-backed mobile advertising and consumer technology company, has raised $350 million (about Rs 3,150 crore) in new financing from Varde Partners, Elham Credit Partners and SeaTown Holdings.

The dollar-denominated loan package is structured across two tranches-a $200 million facility at the operating company level and a $150 million facility at…