PE Fund Investments
Virtual events platform Airmeet raises $35-M from Prosus Ventures, others
Bengaluru-based virtual events platform Airmeet has raised USD 35 million in a Series B round led by Prosus Ventures and Sistema Asia Fund. RingCentral Ventures, KDDI Open Innovation Fund, DG Daiwa Ventures and Nexxus Global also participated in the funding round, alongside existing investors Sequoia Capital India and Accel India. Airmeet will use the funds to expand its footprint in the global market, invest in R&D and scale its go-to-market function.
From the Venture Intelligence PE-VC Deal Database: Between Mar-20 and Sep-20, Airmeet raised more than INR 110 crore from VH Capital, Rocket Internet, Accel India and Sequoia Capital India.
Want to receive such news items in your inbox? Click Here to sign up for a trial.
