Analysis · Enterprise Software & IT

InMobi CTO discusses India's AI lag at summit

What they do

InMobi provides adtech and monetisation solutions and operates Glance and Roposo

Cofounder Mohit Saxena spoke at the Inc42 AI Summit in Bengaluru about India's AI challenges

He said India lacks patience and capital for chip building and is a big consumer of global tech

InMobi cofounder and CTO Mohit Saxena spoke at the Inc42 AI Summit in Bengaluru.
Saxena said India lags in AI compared to the US and China.
He noted the US has trillions in funding and chip access, while China is a manufacturing powerhouse.
Saxena stated that building a chip requires 20 years of commitment from VCs, founders, and the ecosystem.
He said India lacks patience and capital for such long-term bets.
He also said India is a big consumer of global tech, which kills domestic innovation.

India's AI market is projected to reach $126 billion by 2030, expanding 5.3 times in five years.
Saxena discussed InMobi's approach to cost efficiency, latency, defensibility, and global expansion.
He highlighted the future of commerce with AI interfaces and agents as a decision layer.
He emphasised that performance, cost, and efficiency are paramount, and AI is only one component.

In May 2026, InMobi acquired San Francisco-based MobileAction to enhance AI-driven app marketing on iOS.