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Gary Lembo Joins Paladin

Paladin, the fast-growing middle market advisory firm driving value-creation through financial and operational consulting services, has attracted another accomplished professional to its leadership team. Always with a focus on the middle market, Mr. Lembo is experienced in using creative and innovative capital solutions in challenging distressed situations.

Indian Unicorn InMobi prepares for Nasdaq listing: Report

Indian Unicorn InMobi prepares for Nasdaq listing: Report 6 hours ago InMobi plans to float an IPO in Nasdaq by the end of this year, The Economics Times reported on April 1. The tech company, which provides mobile advertising services globally, is India’s first unicorn and is expected to seek a valuation of over $15 billion, the report stated. It has initiated talks with JP Morgan Chase, Morgan Stanley, and Goldman Sachs and could kick off the IPO process in a few weeks, the report stated. If the listing is successful, the adtech company will be among the first Indian tech companies to list in the US. Softbank, which currently owns 40% of InMobi, is expected to make a windfall from the IPO.

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