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Akasa Air, Azim Premji
Akasa Air aims to soar with funds family offices of Azim Premji, Ranjan Pai and others
Akasa Air, which started flying in 2022, has raised an undisclosed sum. It's the country's third-largest carrier with a market share of 4.6%.
India's Akasa Air to raise capital from investment offices of Azim Premji, Ranjan Pai
India's Akasa Air said on Thursday it is raising fresh capital from the investment offices of Wipro founder Azim Premji and Manipal Hospitals Chairman Ranjan Pai, as well as funds of wealth management firm 360 ONE.
Akasa Air confirms fund infusion by Premji Invest, Claypond Capital & 360 ONE Asset
In addition, the airline said that the Jhunjhunwala family, a major stakeholder in the airline holding 45.97% stake in the airline, has also committed to infusing additional capital into the airline.
Akasa secures funding from Azim Premji and Ranjan Pai
Akasa Air said on Thursday that it has signed agreements with marquee investors to infuse fresh capital into the airline. A consortium of investors, includ
Akasa Air brings growth capital from Azim Premji, Ranjan Pai, 360 ONE Asset; Jhunjhunwala family deploys fresh funds
The consortium of investors includes the investment arm of Azim Premji, Claypond Capital – the investment office of Dr Ranjan Pai, as well as funds managed by 360 ONE Asset.
Akasa Air Raises Funds from Premji, Pai Family Offices
Akasa Air secures fresh funding from Azim Premji's investment arm, Ranjan Pai's family office and others to fuel growth plans. This investment aims to position Akasa Air among the top 30 airlines globally.
India's Akasa Air raising capital from investment arms of Azim Premji, Ranjan Pai
India's Akasa Air said on Thursday it is raising fresh capital from the investment offices of Wipro founder Azim Premji and Manipal Hospitals Chairman Ranjan Pai, as well as funds of wealth management firm 360 ONE.
Akasa Air gets funds from Azim Premji, Ranjan Pai family offices
Tech tycoon Azim Premji’s global investment arm and Manipal group chief Ranjan Pai’s family office have invested an undisclosed sum of money to pick up a stake in Akasa Air, India’s youngest airline.
Azim Premji, Ranjan Pai...: Rakesh Jhunjhunwala's Akasa Adds Two More Legendary Investors In Its Kitty - Details
Akasa Air, India’s fastest-growing airline, has signed capital infusion agreements with a consortium of prominent investors to support its ambitious growth trajectory.The investors include Premji Invest,
AeroTime
11h
Low-cost-carrier Akasa Air secures new funding from investor consortium
Akasa Air has secured new funding designed to inject fresh capital into the low-cost-carrier in its efforts to become one of ...
The Financial Express
5h
Akasa Air to get funding boost
In December, the DGCA suspended two of its senior executives — director of training and director of flight operations – over ...
13h
Akasa Air signs pacts with investors to infuse fresh capital into airline
The airline's net loss more than doubled in 2023-24, soaring to Rs 1,670 crore from Rs 744 crore in the previous year ...
english.mathrubhumi
11h
Marquee investors infuse fresh capital in Akasa Air as the airline prepares for growth
Akasa Air receives significant investment from marquee investors like Premji Invest and Jhunjhunwala family, fueling its ...
12h
Furry friends take flight as Akasa, Air India tweak policies
Kochi airport leads the way in pet-friendly travel, with airlines like Akasa Air and Air India following suit.
The Financial Express
3d
Akasa Air announces exciting discounts on domestic and international flights, gives up to 25% off on flight tickets – Details inside
The offer applies to both Saver and Flexi fares, covering both one-way and round-trip tickets on non-stop and through flights ...
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India
Azim Premji
Rakesh Jhunjhunwala
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