Akasa Air, Azim Premji

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.
Akasa Air raises funds from Azim Premji, Ranjan Pai family offices
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.
Akasa Air Secures Investment From 360 One Asset, Premji Invest, Ranjan Pai
Akasa Air secured prominent investors to inject new capital into the airline, including Premji Invest, Ranjan Pai, and 360 One Asset, according to a statement released by the airline on 06 February. The Jhunjhunwala family also pledged more capital investment into the airline.
Akasa Air raises ₹1,100 crore, Premji, Pai check in
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.
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
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 brings growth capital from Azim Premji, Ranjan Pai, 360 ONE Asset; Jhunjhunwala family deploys fresh funds
The consortium of investors includes the investment arm of Azim Premji, Claypond Capital – the investment office of Dr Ranjan Pai, as well as funds managed by 360 ONE Asset.
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.
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 aims to soar with funds family offices of Azim Premji, Ranjan Pai and others
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%.
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,
Aviation Week6h
Akasa Secures New Investment To Continue Fleet, Network Expansion
Akasa Secures New Investment To Continue Fleet, Network Expansion is published in Aviation Daily, an Aviation Week ...
AeroTime1d
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 ...