Amagi Media Labs files for ₹1,020 crore IPO
Amagi Media Labs, a Bengaluru-based SaaS company, is going public with a ₹1,020 crore IPO. The plan includes a fresh share issue and an offer for sale by existing investors.
Big names like Kotak Mahindra Capital and Goldman Sachs are managing the show.
Revenue up 32% in FY25
Started in 2008, Amagi helps media companies stream and monetize video content worldwide using its cloud platform.
Most of its FY25 revenue—₹1,162 crore (up 32% from last year)—came from the Americas, with ₹847 crore, or nearly 73% of the total revenue, originating from this region.
Losses dropped sharply to ₹69 crore as margins improved, even though expenses went up.
The company wants to use most of the IPO funds to boost its tech and cloud infrastructure.
Employee benefits biggest expense
Employee benefits were Amagi's biggest expense at ₹695 crore in FY25.
Communication costs jumped 34%, while legal expenses fell.
Backed by investors like Premji Invest and Accel, Amagi has raised about $340 million so far but still posted a loss this year.