Leading Media SaaS Company Amagi Achieves Over 100% YoY Growth, Secures $95 million investment in a Unicorn Round

"This is a crucial juncture for our business as we look to hit a hyper growth trajectory by creating a winning combination of goals, processes, team structures and more," said Baskar Subramanian, CEO & Co-founder, Amagi. "As the most preferred media SaaS company in the world, Amagi is leading the booming M&E industry to greater heights of technological innovation and strategic growth," said Shekhar Kirani, Partner, Accel. "We believe Amagi is the leading media technology player, positioned to propel the market forward in the years to come," said Niren Shah, Managing Director and Head of India, Norwest Venture Partners. Atlassian, Braintree, Cloudera, Crowdstrike, DJI, DocuSign, Dropbox, Etsy, Facebook, Flipkart, Freshworks, Jet, Pillpack, Qualtrics, Slack, Spotify, Supercell, Swiggy, Tenable, UiPath, and Venmo are among the companies Accel has backed over the past 35+ years. Avataar Ventures is Indias first growth stage, Operational VC fund partnering actively with brilliant regional Tech-led B2B & SaaS startups to Re-invent, Scale & Transform them into successful, enduring global businesses.