Akasa Air is raising around ₹1,100 crore from investment offices of Azim Premji and Dr Ranjan Pai, as well as funds managed by 360 ONE Asset to support its operations and prepare for growth.

India's youngest airline, Akasa, has secured over $125 million in fresh capital from investors, including Premji Invest, Claypond Capital, 360 ONE Asset, and the late Rakesh Jhunjhunwala’s family.

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, India's youngest airline, has raised an ...

Akasa Air said Thursday it is raising fresh capital from PremjiInvest and Claypond Capital, the family offices of Wipro founder chairman Azim Premji and Manipal Hospitals chairman Ranjan Pai, ...

Feb 6 (Reuters) - India's Akasa Air said on Thursday it is raising fresh capital from the investment offices of Wipro (WIPR.NS), opens new tab founder Azim Premji and Manipal Hospitals Chairman ...

Stringfellow was frustrated by Christians who read biblical accounts of demons either as anachronistic metaphors for mental illness and social problems or as crudely literal portraits of otherworldly ...

Akasa Air has secured new funding from “marquee investors” designed to inject fresh capital into the low-cost-carrier in its efforts to become one of the top 30 airlines in the world by the end of the ...

Akasa Air 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 Azim Premji ...

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 ...

Akasa Air, India's youngest airline, receives investment from Azim Premji's global investment arm and Ranjan Pai's family office. The Jhunjhunwala family also commits additional funds. New Delhi, Feb ...

Low-cost carrier Akasa Air has confirmed securing a significant funding boost through investment agreements with a consortium of three investors—Premji Invest, Claypond Capital, and 360 ONE Asset—to ...