India: Mayfield-backed Amagi Media Labs looking to raise $25m in Series D round

Visuals taken from Amagi Media Labs website

Bangalore-based Amagi Media Labs Pvt Ltd, a company which facilitates geo-targeting of television advertisements, is looking to raise Rs 165 crore ($25.1 million) in its Series D round of funding, the Economic Times reported citing the company’s top executive.

The company will use the money for its expansion plans in India and abroad and is expected to close the deal in next couple of months.

“Amagi has had initial talks with various VCs and is expected to raise money from its existing investors also,” said Bhaskar Subramaniam, one of the founders of Amagi.

Earlier this year, Amagi raised an undisclosed amount in Series C round from PremjiInvest, the personal investment vehicle of Wipro chairman Azim Premji.

Prior to that in June 2014, the company had raised Rs 31.25 crore ($4.7 million) in funding from Mayfield, a global venture capital firm. Nadathur Group also participated in the round.

Founded in 2008, Amagi provides cloud-based content delivery and monetisation platforms, products, and technology to TV networks globally. The company operates through its offices in New York City, London, Tokyo and Singapore, and planning to expand into US and UK markets.

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Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.