Private Equity

Private Equity Fund Investments

Event tech startup Hubilo raises $125-M

Press Release   MoneyControl  

Ahmedabad-based virtual events platform Hubilo has raised USD 125 million in an oversubscribed Series B funding led by Alkeon Capital, with participation from existing investors Lightspeed Ventures and Balderton Capital. The company will use the new funds to enhance its growth by developing new business functions, strengthening its product, engineering, and design teams in India, and go-to-market teams in the US, the UK, Europe, Middle East and Africa (EMEA) and Asia Pacific.

From the Venture Intelligence PE-VC Deal Database: Between Oct-20 and Feb-21, Hubilo had raised more than USD 25 million from Lightspeed Ventures and others.