IPO · Enterprise Software & IT
Amagi files for IPO after 18 years
By Startup Enthusiast ·
- Date
- Company
- Amagi
- What it does
- Streaming infrastructure software
- Kind
- IPO
- Sector
- Enterprise Software & IT
What they do
Amagi builds software for creating, delivering and monetising streaming TV channels
What happened
The 18-year-old company has filed for an initial public offering (IPO)
Why it matters
It started as an ad-tech firm for cable TV and pivoted to global streaming infrastructure
The details
- Amagi has reached an IPO milestone after 18 years of operations.
- The company was founded by Baskar Subramanian, Srini and Srividhya Srinivasan.
- It started as an India-focused advertising geo-location business for cable TV.
- Later it pivoted to global infrastructure software for streaming.
- Amagi's tools help create channels, deliver content across devices, understand audiences and generate revenue.
- It serves 400+ customers globally across more than 40 markets.
- The team spans more than a dozen countries.
The bigger picture
- The IPO comes after nearly two decades of building the business.
- Investor Accel supported Amagi through its India and US teams.
- The company has grown from cable TV ad-tech to a global streaming platform.
About the business
- Amagi builds software for creating, delivering and monetising streaming TV channels.
- Its Amagi NOW platform unifies ingest to ad insertion.
- Amagi Intelligence is an agentic engine that automates workflows.
- The company has delivered 9,000+ channels across platforms.
- Its AI tools reduce scheduling time by 75%.
- Amagi THUNDERSTORM handles 26B+ ad impressions annually.
- A single feed can reach 300+ streaming platforms and pay-TV operators.
- Customers include broadcasters, content partners, distributors and advertisers.
- Examples of customers are NHL, Mark Garner (EVP/Global Head of FAST Channels) and Ari Brock (VP Digital Operations).
The deal
- Type
- ipo
Investors
- Accel (existing) — Supported Amagi through its India and US teams.
Founders
- Baskar Subramanian, founder
- Srividhya Srinivasan, founder
- Srini, founder
More on Amagi
- Accel and AVP sold over 1 Cr shares of Amagi in block deals worth ₹587.3 Cr21 August 2026 · Stake sale · ₹587.3 Cr
- Amagi posts Rs 34.3 crore profit in Q4 FY2620 May 2026 · Results
- Amagi raises $100 million in Series G funding20 January 2026 · Funding · ₹1,788.62 crore
- Amagi cuts IPO size, opens at lower valuation12 January 2026 · Analysis · INR 816 Cr
- Amagi lists as first new-age tech IPO of 20268 January 2026 · IPO · INR 1,788.6 Cr
- Amagi appoints Sangeeta Chakraborty as Chief Revenue Officer15 July 2025 · People
- Amagi files for ₹3,200 crore IPO27 May 2025 · IPO · ₹3,200 Cr
- Amagi appoints independent directors ahead of IPO14 May 2025 · IPO · Rs 3,200 crore
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