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Akasa Air, Azim Premji
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 raises funds from Azim Premji, Ranjan Pai family offices
The investment deals will fuel Akasa Air's path to becoming one of the top 30 airlines in the world by the end of this decade.
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 ambitious growth plans and international expansion.
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
Akasa Air raises ₹1,100 crore, Premji, Pai check in
Akasa Air secures ₹1,100 crore investment from top investors to fuel growth and enhance operations for future success.
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 Air Secures Major Investment for Future Growth
Akasa Air announces a significant capital infusion from a consortium of top investors, including Azim Premji's global investment arm and Manipal Group's investment office, to drive its ambitious expansion plans.
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 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%.
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.
Akasa Air Secures Fresh Investment to From Premji Invest, Ranjan Pai, 360 ONE Asset
The airline aims to leverage these investments to accelerate its expansion plans, enhance customer experience, and drive innovation in aviation safety, reliability, and technology.
AeroTime
21h
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 ...
devdiscourse
23h
Akasa Air Attracts New Investment from Premier Investors
Azim Premji's investment arm and Ranjan Pai's family office have invested in Akasa Air. The Jhunjhunwala family has also ...
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