Amagi crosses Rs 1,100 Cr revenue in FY25, narrows losses by over 70%

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…