Virtual meetup startup Airmeet raises $3M in funding

Bengaluru-based virtual meetup startup Airmeet recently announced that it has raised $3mn in funding. The funding round was led by Accel India with participation from VentureHighway and Global Founders Capital. Other investors like CloudCapital, BetterCapital, 100x Entrepreneur Fund, and Sequoia Scout also participated in the funding round.

Entrepreneurs and CXOs like Gaurav Munjal, Co-founder, Unacademy; Phanindra Sama, Founder, redBus; Ramakant, Founder, Livespace; Sumit Jain and Vikas Malpani, founders of CommonFloor; Kris Nair, Founder, Kawa Space; Sajid Rahman (of TelenorHealth), and other ecosystem enablers have joined this round through syndicates on AngelList (CloudCapital and BetterCapital) and LetsVenture (100x Entrepreneur Fund).

With the latest fund infusion, the company plans to improve the current products and add support for multiple formats of events.

Talking about the business, Lalit Mangal, Co-founder Airmeet said, “We are excited about the future where distance won’t matter for great minds to come together and collectively construct knowledge. We plan to improve the product and add support for multiple many formats of events.”

Airmeet was founded by Lalit Mangal, Co-founder of CommonFloor along with other former CommonFloor executives Vinay Jaasti and Manoj Singh in 2019.

Airmeet, is an all-in-one platform to host, discover, and attend fully remote events like conferences and professional meet-ups. The startup aims to facilitate online meetings without the need of a Skype subscription. A meeting on Airmeet would bring all the essential tools for online meeting at one place.

“Airmeet events feel quite like in-person events with serendipitous and free-flow video encounters with other participants on virtual tables and networking lounges, backstage, stage, claps, and audience reactions,” said Lalit.

The Airmeet team is fully remote, with team members working out of different locations. The startup is expecting a boost in its user base as the novel coronavirus has forced companies to ask employees to work from home.

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