Home / Business and Economy / Deep-Tech Gem Amagi Secures Rs 805 Cr Anchor Funding
Deep-Tech Gem Amagi Secures Rs 805 Cr Anchor Funding
13 Jan
Summary
- Amagi Media raised Rs 805 crore from anchor investors.
- Top Indian mutual funds led the anchor book investment.
- The IPO aims to raise Rs 1,789 crore for growth.
Amagi Media Labs has garnered significant backing from institutional investors, raising Rs 805 crore from its anchor book just before its Initial Public Offering (IPO). India's largest mutual fund houses, including SBI, ICICI Prudential, and HDFC Mutual Funds, were key participants, accounting for a substantial portion of the anchor allocation at Rs 361 per share.
The upcoming IPO, set to open on January 13, 2026, is poised to be a landmark event for India's deep-tech and SaaS sectors. It aims to raise Rs 1,789 crore, with proceeds designated for technology infrastructure, cloud services, and potential acquisitions to bolster global reach in advertising technology.
This offering is particularly noteworthy in a cautious primary market. The public issue, which runs from January 13 to January 16, 2026, will be closely monitored as a gauge of investor appetite for technology-driven business models.
