Airmeet raises $12M Series A investment led by Sequoia Capital India, Redpoint Ventures
Virtual event organisation platform Airmeet has raised $12 million Series A funding led by Sequoia Capital India and Redpoint Ventures. Existing investors Accel Partners India, Venture Highway, Global Founders Capital (GFC), and Gokul Rajaram (Caviar Lead at Doordash) also participated in the round.
With this fund raise, the team plans to expand to a global audience. In a press statement shared by the company, Lalit Mangal, Co-founder, Airmeet, said,"Our mission is to make virtual events so effective and engaging that it should appear archaic to organise an on-ground event. We are already seeing an irreversible behaviour change among event organisers and an exponential rise in, what we call, 'digitally native events'.”