India: SaaS unicorn Amagi bags $105m in fresh funding from General Atlantic

India: SaaS unicorn Amagi bags $105m in fresh funding from General Atlantic

Photo by Josh Appel on Unsplash

Cloud-based media SaaS company Amagi has raised about $105 million (Rs 875 crore) in a mix of primary and secondary funding from private equity firm General Atlantic.

According to the company’s latest filing with the Registrar of Companies (RoC), its board has passed a special resolution to issue 3,35,854 Series F compulsory convertible preference shares (CCPS) at an issue price of Rs 19,505.5 per share to raise Rs 655 crore or $79 million.

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