Delhi-based Amagi TV Raises $150M HalltechCrunch a streaming platform for online television, has recently announced the successful completion of its Series B funding round with $150 million raised. The round was led by investors based in Delhi, India, and is the largest Series B funding round raised by a streaming platform in India. This news marks a major milestone in the growth of Amagi TV, and this article will discuss the details of the funding round, what this means for Amagi TV, and how it will help them to continue to expand and grow.

Overview of Amagi TV

Amagi TV is a streaming platform for online television, providing users with access to a wide range of TV channels, movies, documentaries, and more. Founded in 2019, Amagi TV is backed by some of the leading investors in the Indian streaming market, including Delhi-based investors. The platform has grown rapidly over the past two years, with over 10 million users across India. Amagi TV is now the leading streaming platform in the Indian market, with a market share of over 50%.

Details of the Series B Funding Round

The Series B funding round was led by investors based in Delhi, India, and is the largest Series B funding round raised by a streaming platform in India. The funding round was successfully closed at $150 million, and the funds are being used to further develop and expand Amagi TV’s platform and services.

Benefits of the Funding Round to Amagi TV

The successful completion of the Series B funding round will provide Amagi TV with additional capital to help them continue to expand and grow their platform. The funds will be used to develop new features and services, such as enhanced streaming quality, AI-powered recommendations, and more. Additionally, the funds will be used to develop and launch new streaming channels, as well as expand the platform’s reach to new international markets.

How Amagi TV is Leveraging the Funds

Amagi TV is leveraging the funds raised in the Series B funding round to further grow and expand their platform. The funds will be used to develop and launch new streaming channels, as well as expand the platform’s reach to new international markets. Additionally, the funds are being used to develop new features and services, such as enhanced streaming quality, AI-powered recommendations, and more.

Future Prospects for Amagi TV

The success of the Series B funding round is a major milestone for Amagi TV, and it has set the stage for continued growth and expansion of the platform. With the additional capital, Amagi TV is now positioned to further develop and expand their platform, as well as launch new streaming channels and services. Additionally, the funds will enable Amagi TV to reach new international markets and expand their user base. This news is a major milestone in the growth of Amagi TV, and it is expected that the platform will continue to grow and expand in the coming years.

Conclusion

Delhi-based Amagi TV Raises $150M HalltechCrunch investment from HallTech is a major win for the New Delhi based company. It’s a sign of the increasing investment in the Indian tech sector and will open up a lot of new opportunities for Amagi TV. This investment is sure to help Amagi TV expand their reach and services and will likely be a catalyst for even more growth in the Indian tech sector.