In the wake of the coronavirus outbreak and the cancelations of various events, more and more meetings are going online, while conferences are also taking on a virtual nature, with large gatherings in many locations excluded.

Digital activities are, of course, the latest trend and Airmeet is aiming to leverage on this increase with a funding round three million led by Accel India.

Airmeet co-founder LalitMangal told a publisher that, to host various event types, the Bengaluru-based company will use the funds to improve the online meeting platform capabilities. Also included in the round were VentureHighway, Berlin headquartered Global Founders Capital, AngelList, LetsVenture and Sequoia Scout. In addition to VCs, seed capitalists like the Unacademy co-founder GauravMunjal, redBus . As the number of coronavirus infections is rising around the globe, several big events including the huge Y Combinator Demo Day, Collision 2020, Google Summit 2020 and Mobile World Congress 2020 have been postponed. Yet online event planning sites like Airmeet gave a pause to event organizers. The company is in near contact with many conferences that determine to go interactive says Mangal.

Some of those gatherings in their past editions have recorded hundreds of thousands of attendees. Is Airmeet ready to meet server loads of this sort? Mangal says that Airmeet is quite flexible and can handle a simultaneous attendance count of about one million. The company aims at specifically maintaining the rule of nine to five in a different way of approach and it has made over six million in profit

In 2019, Mangal, Vinay Kumar Jasti and Manoj Kumar Singh created Airmeet. While Mangal was one of CommonFloor's founders, Jasti and Singh had been in the proptech startup's leadership team. The online-first company promises to be an all-in-one network that can organize, find, and attend virtual activities such as technical meetups and conferences for its members. Airmeet is trying to recreate live experience digitally by providing participants choices such as interactive seats, networking lounges, backstage, floor, claps and audience reactions.

The global online meeting applications market is expected to hit 6.23 billion by 2024, posting a compound annual growth rate (CAGR) of 11.1 per cent over the projected period from 2019 to 2024, according to MarketWatch's 2019 report. Airmeet competes with INXPO, Zoho Meeting, Skype, BigMarker, and other electronic meeting sites with the easy accessibility of highspeed internet and meeting apps, companies around the world already depend on remote workers as well.

There are dangers for physical events, in reality, that one might miss a chance to have a relationship with a significant person. But with Airmeet, an individual can get in touch with every attendee both before and after the case. In the recent trends it can show that one has capabilities of knowing what it actually is and what it can be in one’s head to another. Besides conferences and business meetings, Mangal said that Airmeet still supports internet societies who have a global presence but lack a face-to-face networking platform.

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