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Exhibit 23.2

CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

We consent to the incorporation by reference in this Registration Statement on Form S-8 of our report dated September 16, 2020, relating to the financial statements of PubMatic, Inc., appearing in Registration Statement No. 333-250077 on Form S-1 of PubMatic, Inc.

/s/ Deloitte & Touche LLP

San Jose, California

December 9, 2020