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Top-level rejig hits mid-cap ITs; Fintechs wary of RBI wallet rulesHappy Thursday! Mid-sized IT firms are realigning leadership teams as AI-driven changes force a rethink. This and more in today's ETtech Mo...- Amagi swings to black in first results since listing, posts Q4 net profit of Rs 34.3 croreCloud streaming firm Amagi has achieved a significant financial milestone. The company reported a consolidated net profit of Rs 71.7 crore ...
- Lenskart, Ola’s Q4 scorecards; Visa maze for laid-off techiesLenskart has posted a sharp jump in its March-quarter revenue even as profit dipped marginally. This and more in today’s ETtech Top 5.
- 7 out of last 8 mainboard IPOs delivered negative listing gains. What is going wrong with India’s IPO market?India’s IPO market is showing signs of cooling, with seven of the last eight mainboard listings delivering negative debut gains. Weak broad...
- Amagi Media Labs shares list at 12% discount to IPO price on BSE, NSEAmagi Media Labs made a weak market debut, listing at a 12% discount despite strong subscription demand. The Rs 1,789 crore IPO comprised a...
- Deepinder Goyal looks beyond EternalDeepinder Goyal is stepping down as CEO of Eternal, which he cofounded 18 years ago. This and more in today's ETtech Top 5.
- Amagi Media Labs shares rally 13% after discount listing tests investor convictionAmagi Media Labs shares rebounded sharply on their debut day, rising nearly 13% from opening levels after listing at a double-digit discoun...
- IPO Calendar: Shadowfax among 4 IPOs worth Rs 2,066 crore to hit the market; Bharat Coking Coal to lead 7 listingsIndia’s primary market gears up for a busy week as four IPOs seek ₹2,066 crore, led by Shadowfax Technologies. Strong subscription buzz aro...
- Amagi Media Labs IPO subscribed 30.22 times on Day 3; Check GMP and other detailsAmagi Media Labs' IPO garnered significant investor attention, closing at 30.22 times subscription, driven by strong demand from institutio...
- Amagi Media Labs IPO Day 2: GMP indicates 6% listing gain; Check subscription status — Should you subscribe?Amagi Media Labs IPO saw a mild uptick in grey market premium to nearly 6% on its second day, following a lukewarm response on Day 1 with o...
- Is Amagi’s IPO a long-term bet for high risk investors?Amagi Media Labs plans to raise ₹816 crore via a fresh issue for cloud infrastructure and inorganic growth, with an additional ₹973 crore t...
- Amagi Media Labs IPO Day 1: Subscribed just 4% in early hours. Check GMP and other key detailsAmagi Media Labs’ IPO opened to a muted response on Day 1, with overall subscription at just 4% in early trade. A modest grey market premiu...
- Amagi Media Labs' Rs 1,789 cr IPO opens: Check GMP, review, subscription and other detailsAmagi Media Labs launched its IPO for subscription. Early market signs suggest a measured debut rather than a surge. The company operates i...
- Amagi Media Labs IPO opens tomorrow: GMP at 10%, check price band and key detailsAmagi Media Labs’ Rs 1,789 crore IPO opens on January 13, with a 10% grey market premium indicating strong demand. The issue comprises a fr...
- Amagi Media trims IPO size, targets $869 million post-money valuation to woo investorsAmagi Media Labs has cut the size and pricing of its IPO, valuing the company below its previous $1.4 billion valuation. The move reflects ...
- Cloud software firm Amagi files for IPO; to raise Rs 1,020 crore via fresh issueNorwest Venture Partners, Accel, and Premji Invest will sell up to 34.2 million shares via an OFS. Individual investors, including Prem Gup...
- Amagi reports 58% rise in FY23 revenue at Rs 680 crore, sharp drop in lossThe company reported a 70% drop in total loss to Rs 321.2 crore during the year, from Rs 1,078.4 crore in the previous fiscal. Founded in 2...
- Union ministers, K’taka CM key guests at ETSA event; Zomato nearly halves Q2 net lossThe star-studded event in Bengaluru, which will also play host to a galaxy of business leaders, entrepreneurs, investors and policy makers,...
- Zomato Q2 net loss narrows to Rs 251 crore; Amagi raises over $100MFood delivery firm Zomato reported its Q2 (July-September) earnings on Thursday evening. Company’s consolidated net loss narrowed more than...
- Ad tech companies like Amagi, Adsparx look to circumvent the $22-bn ad blocker problemAs the number of people using ad-blockers on the rise, ad tech companies invent new ways to show advertisements without detection of popula...
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