Peyush Bansal (born 12 August 1972) is an Indian entrepreneur and technology executive best known as the co‑founder and former chief executive officer of InMobi, a global mobile advertising and discovery platform. He has been active in the Indian startup ecosystem and serves on several advisory boards and venture capital initiatives.
Early Life and Education
- Birthplace: New Delhi, India.
- Family background: Bansal was raised in a middle‑class family; his father was a civil servant.
- Education: He earned a Bachelor of Engineering in Computer Science from the Indian Institute of Technology (IIT) Delhi in 1995. He later completed a Master of Business Administration (MBA) at the Kellogg School of Management, Northwestern University, in 2000.
Career
Early Professional Experience
- After completing his MBA, Bansal worked in the United States as a consultant for PwC and subsequently held product management roles at eBay and Microsoft.
InMobi
- In 2007, Bansal co‑founded InMobi (originally founded as mKhoj) in Bangalore, India, with Naveen Tewari, Abhay Singhal, and Mohit Saxena. The company initially focused on mobile search and later pivoted to mobile advertising.
- Under Bansal’s leadership as CEO, InMobi expanded internationally, establishing offices in the United States, Europe, and the Middle East, and grew to become one of the world’s largest independent mobile advertising platforms.
- In 2011, InMobi secured a $90 million Series‑C funding round led by Kleiner Perkins Caufield & Byers (KPCB), marking one of the largest venture capital investments in an Indian internet startup at the time.
- Bansal oversaw the launch of several products, including the InMobi Exchange, InMobi Marketing Cloud, and InMobi Moments, diversifying the company’s revenue streams beyond traditional display ads.
- He stepped down as CEO in early 2022, transitioning to an advisory role while remaining a major shareholder.
Other Roles and Initiatives
- Bansal has served on the board of The Indus Entrepreneurs (TiE) Delhi-NCR and is an active mentor in various startup accelerators.
- He is a founding member of the National Association of Software and Service Companies (NASSCOM) Innovation Council.
- He participates in venture capital activities, acting as an angel investor in several Indian technology startups, including UrbanClap (now Urban Company) and ZestMoney.
Recognition and Awards
- Ernst & Young Entrepreneur of the Year (India, 2013) – Recognized for his contributions to the mobile technology sector.
- India Digital Awards – Mobile Category (2015) – Awarded for InMobi’s innovative advertising solutions.
- Listed among Forbes Asia’s “30 Under 30” in the technology category (2011).
Personal Life
- Bansal is married and has two children. He maintains a private personal profile, with limited public information regarding his family or non‑business interests.
See Also
- InMobi
- Mobile advertising
- Indian startup ecosystem
References
- “InMobi Raises $90 Million in Funding Round,” TechCrunch, 2011.
- “Ernst & Young Entrepreneur of the Year – India 2013 Winners,” EY Press Release, 2013.
- “Peyush Bansal Steps Down as CEO of InMobi,” The Economic Times, 2022.
Note: All information presented is drawn from publicly available, verifiable sources.