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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.
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 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 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 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 Partners with Azim Premji and Ranjan Pai for New Capital Infusion
Akasa Air has partnered with investors including Azim Premji and Ranjan Pai for a capital infusion to support its growth 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 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
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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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 ...
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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 ...