Amagi Founders Bought Shares Worth INR 9 Cr Ahead Of Filing DRHP

Share via:


SUMMARY

The cofounders’ LLP, Vinculum Advisors, bought 3.5 Mn equity shares at INR 25 apiece from existing investors Accel, Norwest Venture, Premji Invest, among others

Following the acquisition of shares, Vinculum Advisors LLP’s stake in the SaaS unicorn zoomed to 1.71%

The media-focussed SaaS company’s IPO will comprise a fresh issue of up to INR 1,020 Cr and an offer for sale of up to 34.2 Mn shares

In the run up to the media-focussed SaaS company Amagi filing its draft…



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.

Popular

More Like this

Amagi Founders Bought Shares Worth INR 9 Cr Ahead Of Filing DRHP


SUMMARY

The cofounders’ LLP, Vinculum Advisors, bought 3.5 Mn equity shares at INR 25 apiece from existing investors Accel, Norwest Venture, Premji Invest, among others

Following the acquisition of shares, Vinculum Advisors LLP’s stake in the SaaS unicorn zoomed to 1.71%

The media-focussed SaaS company’s IPO will comprise a fresh issue of up to INR 1,020 Cr and an offer for sale of up to 34.2 Mn shares

In the run up to the media-focussed SaaS company Amagi filing its draft…



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.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

MacBook Pro ‘overhaul’ launching as soon as next year:...

Rumors strongly suggest that Apple will be overhauling...

You can now tweak how warm and enthusiastic ChatGPT’s...

OpenAI gave its AI chatbot a professional makeover with...

How to Easily Uninstall McAfee Antivirus Completely

McAfee has a habit of outstaying its welcome. It’s...

Popular