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

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…