Accel, AVP Sell Over 1 Cr Amagi Shares In ₹587 Cr Block Deals

Venture capital firms Accel and AVP sold over 1 crore shares of Amagi, a media SaaS startup, in block deals worth ₹587.3 crore. The shares were sold at ₹560 each, which is a 3% discount to the stock's closing price on Thursday. The offloaded shares were bought by various mutual funds and investment firms, including SBI Mutual Fund, Tata Mutual Fund, ICICI Prudential Mutual Fund, and Edelweiss Mutual Fund.

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