Bengaluru Metro: InMobi secures naming rights for Ibbaluru station for 30 years in Rs.65 crore agreement with BMRCL
New Delhi, Nov. 8 -- Bengaluru's Ibbaluru Metro Station will be renamed InMobi Ibbaluru Metro Station after Bengaluru-based technology company InMobi secured its naming rights for 30 years under an agreement with Bangalore Metro Rail Corporation Ltd (BMRCL).
The agreement involves a total contractual commitment of Rs.65 crore, excluding Goods and Services Tax (GST), the company said in a statement on Thursday (November 5) according to news agency PTI.
The partnership brings together public infrastructure and private enterprise, with the company saying it aims to support Bengaluru's expanding public transport network and its long-term development.
According to PTI, BMRCL Managing Director P C Jaffer said the partnership demonstrated how...
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