Naveen Tewari was born in Kanpur, Uttar Pradesh. He holds a bachelor's degree in mechanical engineering from the Indian Institute of Technology, Kanpur (IIT) and an MBA from Harvard Business School, USA.
He serves as a board member at PayTM. He also founded (and chairs) a US-based nonprofit, India School Fund, which funds and sets up schools in rural India.
Startup Journey & Career Growth
After completing his graduation, Naveen began his professional journey with McKinsey and Company as a business analyst from 2000 to 2003. In 2003, he joined Harvard Business School for his MBA. (This coincided with a stint at Charles River Ventures as an Associate in 2004).
In 2007, Naveen Tewari along with 3 friends started their first business mKhoj, an SMS search engine that failed shortly. They then pivoted their business to a mobile advertising and technology platform and co-founded InMobi.
Naveen has invested in around 30 start-ups and has personally invested and supported start-ups like NestAway, SlideRule, Mettl, Moneysights, Bombay Canteen, Zimmber, Razorpay etc. He has also co-founded iSPIRT, which aims to address government policy, create market catalysts, and grow the maturity of product entrepreneurs in order to transform India into a hub for new-generation software products.
· 2008 - Received Series A funding of US$7.1 million from Kleiner Perkins
· 2009 - Expanded business to Europe by hiring the best local talent
· 2010 - Received Series B funding of US$8 million from Kleiner Perkins and Sherpalo Ventures.
· 2011 - Acquired US-based mobile advertising solutions provider Sprout.
· 2012 - Acquired MMTG Labs, a San Francisco-based start-up that operates Facebook apps marketplace Appbistro.
· 2014 - Launched the world's largest mobile native advertising exchange powered by Rubicon Project.
· 2015 - Entered a monetization partnership with China-based APUS group.
· 2016 - inMobi became the second unicorn company in India.
· 2017 - Acquired AerServ, the leading inventory and audience monetization technology for mobile publishers.
· 2018 - Microsoft Corp announced its global partnership with InMobi to enable new-age CMOs in making the shift from digital to mobile marketing.
· 2019 - Acquired short video content platform Roposo.
Naveen Tewari's net worth is estimated at around ₹1,668 crores approx.
Awards and Recognition
· Received Pathbreaker of the Year Award presented by Narendra Modi, Indian Prime Minister, in 2013.
· Received ‘Distinguished Alumnus Award’ for excellence in entrepreneurship by the Indian Institute of Technology, Kanpur, in 2013.
· Listed on 7th Most Important Person by Business Insider's the Mobile Power List, in 2013.
· Received Forbes India Leadership Award for ‘Outstanding Start Up', in 2014.
· Received 'Future Leaders Award’ presented by Narendra Modi, Indian Prime Minister, in 2015.
· InMobi ranked 15th on the ‘World's Top 50 Innovative Companies 2016’ by Fast Company, in 2016.
Naveen Tewari, Co-Founder and CEO of Inmobi, talks about the role that co-founders play in maintaining morale in an organisation, scaling internationally and building a culture that is deeply enriching for the employees who’re part of your startup journey with Anand Daniel, partner at Accel, in the INSIGHTS series podcast.
You can listen to the episode here - SEED TO SCALE Podcast Series by Accel: INSIGHTS #36 Naveen Tewari on building InMobi as a global leader in mobile advertising on Apple Podcasts
“The most important lesson to remember is that failure is inevitable, but so is a success, so rebound.”
- Naveen Tewari, Co-Founder and CEO of Inmobi
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