Akasa Air Soars Higher: Secures Rs 1,200 Crore Funding from Premji Invest, Others; CEO Vinay Dube Hails Jhunjhunwala Family’s Enduring Backing
In a significant boost to India’s burgeoning aviation sector, Akasa Air, the country’s youngest low-cost carrier, has successfully closed a strategic investment round, raising approximately Rs 1,200 crore (equivalent to $125 million). This fresh infusion of capital comes from a consortium of high-profile investors, including Premji Invest, 360 ONE Asset Management, Claypond Capital, and the…
