Airmeet, a Lewes-based full-stack event-led customer interaction startup enabling users to hold virtual workshops, summits, meetups, including virtual social lounges for networking, has raised US$ 24 million in a Series B funding round on 8 February 2022.

Investors: The latest investment round featured Nexxus Global, Prosus Ventures, Sistema Asia Fund, RingCentral Ventures, KDDI Open Innovation Fund and DG Daiwa Ventures as the new investors. Current investors like Accel and Sequoia Capital India also participated. The startup has managed to raise, in total, US$ 50 million to date.

 Purpose of the funding: The startup seeks to deploy the proceeds from the investment round towards increasing its global presence, scale research and development, expand its GTM operation. It also plans to concentrate on engaging in tactical activities, which will drive higher visibility to the offerings and the brand internationally.

About Airmeet

Airmeet Logo

Brought to existence in 2019 by Lalit Mangal and Manoj Singh, Airmeet allows educational institutions, communities, government organizations and businesses of all sizes to develop touchpoints to interact with their audience worldwide using immersive and rich event experiences. The firm provides two product formats, namely conference and social webinars, which allow firms to explore new revenue channels, break boundaries and develop relationships. Having the capacity to scale to 100K participants, the company is developing an all-year-round interactive suite that will stretch to the metaverse and virtual reality to provide an engaging service.

What the Founder has to say: “Customer engagement has evolved substantially into a domain that must extend beyond the conventional streams. Today, brands have commenced interacting with users without abandoning the human touch in the virtual domain. We envisage concentrating on engagement and aiding organizations optimize their customer intercourse using versatile event formats.”- Lalit Mangal, Co-Founder of Airmeet.

What the Investor has to say: “Covid-19 has propelled a dramatic shift in the way firms operate, converse with employees, customers and other individuals. The change has exponentially increased the employment of flexible and virtual solutions to meet users’ requirements. It is exhilarating to join hands with Airmeet and their team as they seek to transform and stimulate the evolution of the enterprise SAAS marketing domain. Airmeet aspires to provide an unparalleled audience experience with the help of its distinguished customer-centric business paradigm.”- Ashutosh Sharma, Head of Investments (India) at Prosus Ventures.

For more extensive analysis and Market Intelligence reports feel free to approach us or visit our website: Venture Capital Market Intelligence Reports | VCBay.

We try our 2022 best to fact-check and bring the best, well-researched, and non-plagiarized content to you. Please let us know

-if there are any discrepancies in any of our published stories,

-how we can improve,

-what stories you would like us to cover and what information you are looking for, in the comments section below or through our contact form! We look forward to your feedback and thank you for stopping by!

Next Article

Previous articleKorean micro-mobility startup Swing secured USD 24M in Series B
Next articleTurkish retail investing startup Midas secures US$ 11M in equity funding
Sankalp majorly focuses on writing newsletters on VCBay. He is pursuing Bachelors in Economics from the University of Delhi and exhibits proficiency in content writing and research.


Please enter your comment!
Please enter your name here