Akasa Air raises funds from Azim Premji, Ranjan Pai family offices

Quick Summary:

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.

He added that these "investment agreements" will empower Akasa to build on the future and transform the way customers experience air travel.

Besides Jhunjunwala family and Dube, his brothers Sanjay and Niraj have 7.59 per cent shares each in the carrier while Madhav Bhatkuly owns 9.41% of the airline and PAR Capital Ventures Llc 6.37%.

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Article Details

Author / Journalist: Press Trust of India

Category: StartupsEconomyBusiness

Markets: India

Topics: Privacy Investments Akasa Premji Investors Financial Investment Growth Airline Family Capital

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-07 @ 06:05:33 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 491 words

Reading Time: 3 minutes read

Sentences: 25 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © YourStory

News ID: 25955765

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Official Website: yourstory.com

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