Cloud software firm Amagi files for IPO, plans to raise Rs 1,020 crore

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Synopsis

​​The Bengaluru-based company plans to raise Rs 1,020 crore via fresh capital. Key investors including Norwest Venture Partners, Accel, and Premji Invest will offload up to 34.2 million shares through an offer for sale (OFS). Amagi provides cloud-native solutions for broadcasters and streaming platforms worldwide.

Image for Cloud software firm Amagi files for IPO, plans to raise Rs 1,020 croreReuters
Cloud software firm Amagi Media Labs has filed draft papers with the Securities and Exchange Board of India (Sebi) to launch its initial public offering (IPO).

The Bengaluru-based company plans to raise Rs 1,020 crore via…



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Cloud software firm Amagi files for IPO, plans to raise Rs 1,020 crore


Synopsis

​​The Bengaluru-based company plans to raise Rs 1,020 crore via fresh capital. Key investors including Norwest Venture Partners, Accel, and Premji Invest will offload up to 34.2 million shares through an offer for sale (OFS). Amagi provides cloud-native solutions for broadcasters and streaming platforms worldwide.

Image for Cloud software firm Amagi files for IPO, plans to raise Rs 1,020 croreReuters
Cloud software firm Amagi Media Labs has filed draft papers with the Securities and Exchange Board of India (Sebi) to launch its initial public offering (IPO).

The Bengaluru-based company plans to raise Rs 1,020 crore via…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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