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Bengaluru-based cloud media SaaS firm Amagi Media Labs has filed its Draft Red Herring Prospectus (DRHP) with SEBI and plans to raise Rs 1,020 crore ahead of its IPO. The company posted a strong financial turnaround in FY25, reducing losses by over 70% and boosting EBITDA margins.
The company’s operating revenue surged 32% to Rs 1,163 crore in FY25 from Rs 879 crore in FY24, according to its restated consolidated financial statement given in DRHP.
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Amagi is a cloud-based media…
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Bengaluru-based cloud media SaaS firm Amagi Media Labs has filed its Draft Red Herring Prospectus (DRHP) with SEBI and plans to raise Rs 1,020 crore ahead of its IPO. The company posted a strong financial turnaround in FY25, reducing losses by over 70% and boosting EBITDA margins.
The company’s operating revenue surged 32% to Rs 1,163 crore in FY25 from Rs 879 crore in FY24, according to its restated consolidated financial statement given in DRHP.
Amagi is a cloud-based media…
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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