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Amagi Media Labs gets SEBI nod for IPO

Business

Amagi Media Labs, the Bengaluru-based cloud broadcasting tech company, just got SEBI's approval to go public.
They're planning to raise ₹1,020 crore by issuing new shares and will also let existing investors sell 3.4 crore shares.
Amagi's IPO has some big-name backers like Premji Invest, Accel, and General Atlantic cheering them on.

Why this matters

Founded in 2006, Amagi has grown into a global player with clients like Discovery and Sony, and even hit unicorn status in 2022.
With plans to expand further in the US, Europe, and Asia-Pacific, this IPO is a big moment for India's SaaS and media-tech scene—potentially opening doors for more homegrown tech companies to hit the stock market soon.