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Hubilo Raises $125 Million In Round Led By Alkeon Capital

Oct 12, 2021almost 4 years ago

Amount Raised

$125 Million

Delhi

Description

New Delhi: Virtual and hybrid events platform Hubilo on Tuesday said it has raised $125 million (about Rs 943 crore) in funding, led by Alkeon Capital. Lightspeed Venture Partners and Balderton Capital also participated in the Series B round. With this, the company has raised $153 million so far.

Company Information

Company

Hubilo

Location

Delhi, Delhi, India

About

The startup will use the fresh capital to enhance its growth by developing new business functions, advance innovation of its platform, strengthen 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. Virtual and hybrid events platform Hubilo on Tuesday said it has raised $125 million (about Rs 943 crore) in funding, led by Alkeon Capital.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech