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Akasa raises funds from Premji Invest, others
August 20, 2025
|The New Indian Express Vishakapatnam
AKASA Air announced on Tuesday that it has raised fresh capital from investors including Premji Invest (the global investment arm of Azim Premji), Claypond Capital (investment office of Dr. Ranjan Pai), and 360 ONE Asset, along with additional capital infusion committed by the Jhunjhunwala family, who are major stakeholders in the airline.
The airline didn't disclose precise details about the quantum of funds raised during the announcement, but sources indicate the amount to be about $125 million. The airline said funds will accelerate its strategic road map to rank among top 30 airlines in the world by the end of this decade
هذه القصة من طبعة August 20, 2025 من The New Indian Express Vishakapatnam.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من The New Indian Express Vishakapatnam
The New Indian Express Vishakapatnam
PUBLISHING IN POST-TRUTH WORLD
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2 dead, several houses torched in Manipur
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‘If released, I’ll kill again,’ says murder convict after getting death sentence
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1 min
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Centre extends excise duty relief to petrol blended with higher ethanol
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1 mins
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Shivanand leaves behind a wailing family in Deoria
THE death of Shivanand Chaurasia from eastern UP after a US strike on an oil tanker off the Oman coast has left behind a deep void in the devastated family.
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