News Update

Amagi proclaimed over 100% revenue growth in Q1 FY23

• ByStartupStory     |    August 11, 2022

Amagi, a SaaS media tech business, has achieved over 100% revenue growth year on year for the quarter ending June 2022 (Q1), owing to an increase in demand for connected TV sets.

The Bengaluru-based unicorn firm assists media companies in the creation, distribution, and monetization of streaming content. Demand for its services is increasing as people worldwide binge-watch movies and TV shows, with the epidemic offering a further push. NBCUniversal, CBS, USA Today, and Japan’s Rakuten Group Inc. are among the startup’s clients.

In Q1, the company gained new clients, including Cox Media Group & Banjiay Rights, entered new markets (South Korea and Australia), and saw increased demand for its goods in the United States, increasing sales

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