India: Media-focused SaaS firm Amagi raises $100m from Accel, Premji Invest, others

India: Media-focused SaaS firm Amagi raises $100m from Accel, Premji Invest, others

Photo: Pramugdha Mamgain/DealStreetAsia

Media-focussed SaaS, or software-as-a-service, company Amagi on Saturday said it has raised $100 million in investment from Accel, Avataar Ventures, Norwest Venture Partners, and existing investor Premji Invest.

As part of the investment, the venture funds have bought out stake held by KKR’s Emerald Media and Mayfield Fund. Nadathur Holdings continues to remain invested in Amagi.

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