Saturday, 26 July, 2025
Amagi Media Labs Files DRHP for ₹1,020 Crore IPO to Fuel Global Expansion
Bengaluru‑based cloud SaaS firm Amagi Media Labs has filed draft papers with SEBI to raise ₹1,020 crore via a fresh equity issue, alongside an offer‑for‑sale (OFS) of up to 3.41 crore shares by existing investors including Accel, Norwest Venture Partners, and Premji Invest. Proceeds will fund technology upgrades, cloud infrastructure investment, potential acquisitions, and general corporate purposes, as the firm targets accelerated growth in global media and streaming markets.
Read full story at Economic Times