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…
Tech
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.
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