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
Akasa Air said late Indian billionaire Rakesh Jhunjhunwala’s family would also pour additional capital into the airline
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, including Premji Invest, the global investment arm of IT Czar Azim Premji,
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.
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,
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