Ibbaluru Metro station to be named after InMobi

Bengaluru, Nov 5 (PTI) The Ibbaluru Metro Station in the city will be named after InMobi following the company’s agreement with BMRCL.

    Under the agreement, InMobi has secured the naming rights for Ibbaluru Metro Station for a period of 30 years, with a total contractual commitment of Rs 65 crore, excluding GST, the company said in a statement on Thursday.

    "The station will be known as InMobi Ibbaluru Metro Station. The partnership brings together public infrastructure and private enterprise to support Bengaluru's expanding public transport ecosystem and its long-term development," the statement read.

    According to the company, the BMRCL Managing Director, P C Jaffer, said this partnership demonstrated how leading corporate organisations can contribute meaningfully to the growth of public transport.

    "The Rs 65 crore arrangement will support Metro infrastructure development while strengthening BMRCL's non-fare revenue initiatives. We look forward to many more such partnerships with Bengaluru's corporate community," he said.

    Bengaluru gave InMobi the confidence to imagine and build a global future, Naveen Tewari, Founder and CEO, InMobi said.

    "As we have grown, so has our sense of responsibility towards the city that shaped our journey. This partnership reflects our commitment to giving back to Bengaluru and our belief that businesses have a role to play in the development of the communities they are part of," he said.

(This story has not been edited by THE WEEK and is auto-generated from PTI)