Airmeet raises Rs 260 crore in series B funding

News Synopsis
Digital meeting platform, Airmeet has raised Rs 260 crore in Series B funding round from new as well as existing investors. It claims to have scaled its recurring revenue 24 times since the series A investment and is growing at 30%.
Airmeet is planning to use the raised capital to expand its footprints in the global marketplace and invest in research and development along with scaling its GTM function.
The CEO and co-founder of Airmeet, Lalit Mangal has said that brands have to start conversations and engage with customers without losing their human touch in the virtual space. He also said that the company focuses on engagement and assist businesses with scaling their customer engagement through multiple interactive event formats.