e& capital, the investment arm of UAE-based global technology group e&, has led the latest $60 million funding round for eSIM marketplace Airalo.
The latest investment round brings Airalo’s total funding to $67.3 million. e& is joined by a prestigious group of investors, including Antler Elevate, Liberty Global, Orange, T.Capital, Rakuten Capital, Singtel Innov8, Telefónica Ventures, Sequoia Capital India, and SEA’s (now known as Peak XV Partners) Surge, KPN Ventures, and I2BF Global Ventures.
With this significant capital injection, Airalo plans to expand its vibrant user community, strengthen its global team, and introduce Airalo Partners—an innovative connectivity solution tailored to businesses and organizations worldwide. Airalo’s marketplace, the world’s largest eSIM platform, provides seamless access to eSIM packages in over 200 countries and regions, empowering travelers with convenient and affordable mobile connectivity.
Co-founders Abraham Burak and Bahadir Ozdemir expressed their gratitude for the ongoing support of their growing investor network and their mission to make global connectivity accessible and affordable. Airalo’s exceptional services have garnered the trust of millions of users worldwide, and their remote-first approach has led to a diverse and talented team of professionals from 44 countries and six continents.
e& capital believes that Airalo has the potential to become a travel essential and the definitive gateway to instant connectivity worldwide.
“We have complete confidence in Airalo’s ability to expand its user community, strengthen its diverse team, and introduce its latest product Airalo Partners, a groundbreaking connectivity solution for global businesses and organisations. We believe that Airalo has the potential to become a travel essential and are excited to support their journey towards becoming the definitive gateway to instant connectivity worldwide,” said Kushal Shah, Managing Director, e& capital.
Established in 2019, Airalo has a coverage spanning over 200 countries and regions. The company’s remote-first approach has fostered a diverse and talented team of over 250 professionals hailing from 44 countries and six continents.
