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Startup Atlas · AdTech

Amagi ListedUnicorn

Amagi Media Labs Limited Bengaluru, Karnataka Founded 2008 amagi.com ↗
Baskar Subramanian · Co-founder & CEO Srividhya Srinivasan · Co-founder & CTO Srinivasan Karapattu Arunachalam · Co-founder
$238.7 MnTotal funding (tracked)
6Funding rounds
10 Nov 2022Last round

Amagi: Business Model Canvas

The nine-block Business Model Canvas, filled in only where a public source states it — empty blocks mean we haven't found a citable fact yet, not that the answer is zero.

Value Propositions

Cloud-based cost savings35-50% cost savings

Amagi offers cloud-based solutions that enable 35–50% cost savings compared to on-premises broadcast infrastructure.

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Cloud-first, multi-cloud flexibility

Amagi's cloud solutions are built with a 'cloud-first' mindset, supporting customer choice of cloud platforms — AWS and Google Cloud.

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Unified technology stack

A unified technology and infrastructure stack that simplifies workflows and accelerates deployment for live, linear, and on-demand content.

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Scale and trust at global media companies45% of Top 50 media cos

Trusted by 45% of the Top 50 media companies globally; powers over 9,000 channel deliveries across 300+ content distributors, processing 500K+ hours of content.

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Customer Segments

Broadcasters

Traditional TV broadcasters using Amagi's cloud platform for channel origination, playout and distribution.

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Content Owners

Owners of media libraries who launch, distribute and monetize live linear and on-demand channels via Amagi.

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Streaming Platforms

FAST (Free Ad-supported Streaming TV) and CTV platforms that use Amagi for channel delivery and monetization.

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Advertisers

Brands and ad buyers reached through Amagi's ad insertion and marketplace products.

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Sports broadcasters

Sports rights holders and broadcasters using Amagi's live production and distribution tools.

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Customer Relationships

24/7 managed broadcast services

Amagi offers fully managed broadcast services that ensure 24/7 reliability and compliance for its channel operations customers.

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Localized global support

13 strategically located global offices to serve and support clients and operations worldwide, across the Americas, EMEA, and APAC.

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Channels

Direct enterprise sales

Amagi's own commercial team engages broadcasters, content owners and streaming platforms directly (site lists dedicated 'Contact Us' / solutions consultation flow).

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Partner Program

A formal partner network program through which Amagi is distributed and integrated with other media/cloud vendors.

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FAST Marketplace & Ad Marketplace

Amagi operates a dynamic content and advertising marketplace (FAST Marketplace, Ad Marketplace) connecting content and ad demand directly on its platform.

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Key Activities

Cloud platform development

Building and operating the Amagi NOW platform covering production, media preparation, scheduling, channel origination, distribution and monetization modules.

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24/7 managed channel operations

Operating fully managed broadcast services ensuring 24/7 reliability and compliance for client channels.

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Ad tech / monetization operations

Running server-side ad insertion (Thunderstorm) and the content/advertising marketplace to generate monetized ad impressions.

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Key Resources

Multi-cloud infrastructure partnerships

Cloud-first platform running on both AWS and Google Cloud, giving customers a choice of underlying cloud provider.

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Global engineering & operations workforce850+ employees

850+ team members across the Americas, EMEA, and APAC.

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Proprietary broadcast/streaming technology

Recognized with a Technology & Engineering Emmy Award (2024) for 'Pioneering Development of Manifest-based Playout for FAST'.

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Key Partnerships

AWS

Cloud infrastructure partner; recognized as Industry Partner of the Year – Media and Entertainment & ISV Partners of the Year APJ at the Global AWS Partner Awards 2023.

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Google Cloud

Second supported cloud platform under Amagi's cloud-first, multi-cloud architecture.

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300+ content distributors

Amagi powers channel deliveries across more than 300 content distributors globally.

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Major media & broadcast clients

Clients include ABS-CBN, A+E Networks UK, beIN Sports, Curiosity Stream, Cinedigm, Warner Bros. Discovery, Fox Networks, Fremantle, Gannett, Gusto TV, NBCUniversal, Tastemade, Tegna, and Vice Media, among others.

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Revenue Streams

Thunderstorm (server-side ad insertion)

A server-side ad insertion (SSAI) platform for over-the-top (OTT) content publishers; one of Amagi's two key monetized products.

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Cloudport (channel playout)

A broadcast-grade channel playout/origination platform for both TV and OTT, Amagi's other key monetized product.

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Ad Marketplace / FAST Marketplace

Amagi operates a dynamic content and advertising marketplace generating monetized ad impressions across FAST channels.

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Cost Structure

Employee benefit expenses51% of FY23 total expenditure

The largest cost line; accounted for 51% of total expenditure and grew 22% to ₹438 crore in FY23 (excluding non-cash ESOP/SARs charges).

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ESOP settlement costs

Amagi spent ₹38 crore and ₹224 crore on ESOPs settled in cash during FY23 and FY22 respectively.

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Technology & cloud infrastructure

Communication costs (servers and other IT) grew 55.6% in FY23; the company also plans to allocate ₹550.64 crore of its 2026 IPO proceeds to technology and cloud infrastructure through Fiscal 2028.

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FAQs on Amagi

What is Amagi's business model?

Amagi's core value proposition centers on Cloud-based cost savings, Cloud-first, multi-cloud flexibility, Unified technology stack, Scale and trust at global media companies.

How does Amagi make money?

Amagi's cited revenue streams include Thunderstorm (server-side ad insertion), Cloudport (channel playout), Ad Marketplace / FAST Marketplace.

Sources & corrections. Every fact on this page is compiled from cited public sources — follow the “source” links beside each entry. Profile sources: www.amagi.com · Last verified 17 Jul 2026. · Report a correction