Startup Profile
Airmeet
Legal entity: Airmeet Technologies Private Limited
Event-led engagement platform for virtual and hybrid events
Funding raised
₹415.00 Cr
Total disclosed
Latest valuation
₹415.00 Cr
Most recent round
Latest revenue
₹75.80 Cr
FY FY22
Employees
—
FY FY22
Founders
- Lalit Mangal
Co-founder and CEO of Airmeet. Previously co-founder and CTO of CommonFloor, an online real estate platform later acquired by Quikr. Computer science graduate from IIT Roorkee. He started Airmeet after struggling to meet enough startups at a crowded in-person expo in Bengaluru, which sparked the idea of reimagining events online.
- Manoj Singh
Co-founder of Airmeet and a former CommonFloor executive who joined Lalit Mangal in starting the company in 2019.
- Vinay Jaasti
Co-founder of Airmeet and a former CommonFloor executive. He later served as CEO of Airmeet.
Funding rounds
- Series B2022-02-08₹290.50 CrLed by Prosus Ventures
- Series A2020-09-15₹99.60 CrLed by Sequoia Capital India
- Seed2020-03-08₹24.90 CrLed by Accel India
Financials
MCA / self-reported| Fiscal year | Revenue | Profit / (Loss) | Employees |
|---|---|---|---|
| FY22 | ₹75.80 Cr | +₹5.00 Cr | — |
The full story
Rich-text rendering of long_story is wired in the design pass.
Timeline
- 2024-09Third restructuring, 80% of tech team cut — Airmeet undertook a third restructuring in roughly 16 months, cutting around 80% of its tech team as it refocused the company.
- 2024-03Second restructuring, around 20% laid off — Airmeet laid off about 20% of its workforce, roughly 30 employees, in its second restructuring within a year.
- 2023-05Layoffs of around 30% of workforce — As demand for virtual events fell after the pandemic, Airmeet cut around 30% of its workforce, affecting at least 75 employees, in a cost-cutting exercise.
- 2022-02-08$35M Series B led by Prosus Ventures — Airmeet raised a $35 million Series B led by Prosus Ventures with Sistema, Sequoia, RingCentral Ventures, KDDI and others, taking total funding to about $50 million.
- 2020-09-15$12M Series A led by Sequoia and Redpoint — Airmeet raised a $12 million Series A led by Sequoia Capital India and Redpoint Ventures, valuing the roughly one-year-old startup at about $50 million.
- 2020-03-08$3M seed round led by Accel India — Airmeet raised a $3 million seed round led by Accel India with Venture Highway, just as the COVID-19 pandemic drove demand for online events.
- 2019-06Airmeet founded in Bengaluru — Lalit Mangal, Manoj Singh and Vinay Jaasti, several of them former CommonFloor executives, founded Airmeet as a virtual events and meetup platform.
Data sources
- seed-list + Wikidata↗ · last fetched 2026-05-28
- Wikidata↗ · last fetched 2026-05-28
- favicon↗ · last fetched 2026-05-31
- Entrackr↗ · last fetched 2026-06-01
- YourStory↗ · last fetched 2026-06-01
- YourStory↗ · last fetched 2026-06-01
- BusinessWire (Series A)↗ · last fetched 2026-06-01
- BusinessWire (Series B)↗ · last fetched 2026-06-01
- Inc42 (layoffs 30%)↗ · last fetched 2026-06-01
- Inc42 (layoffs 20%)↗ · last fetched 2026-06-01
- Inc42 (80% tech team)↗ · last fetched 2026-06-01
- Tracxn (Airmeet Networks Pvt Ltd)↗ · last fetched 2026-06-01
- Mike Malatesta podcast (founder background)↗ · last fetched 2026-06-01