Private equity investors seek CCI approval for stake acquisition in Akasa Air to boost financial position and expansion plans ...

While IndiGo and Air India have been dominating headlines in the Indian airline industry lately, the country's newest airline Akasa Air is also taking steps to support its growth ambitions. Akasa is ...

Akasa Air's parent company, SNV Aviation, is set for a boost as Azim Premji's investment arm, Manipal Group Chief Ranjan ...

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 ...

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.

Tech tycoon Azim Premji’s global investment arm, Manipal Group Chief Ranjan Pai’s family office and 360 ONE Asset have sought approval from fair trade regulator CCI to acquire stakes in domestic ...

(Reuters) A consortium of investors comprising Premji Invest, Claypond Capital and 360 One Asset will invest an unspecified sum into Akasa Air. The Jhunjhunwala family, who are the largest ...

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 less than three-year-old carrier has also said the situation denies it a fair opportunity to compete with airlines that already operate substantial volumes of flights between the two countries.

The gathering will also provide boost to the local economy in Prayagraj and these additional flights will further provide impetus to this growth.” Akasa Air aims to redefine flying in India with ...

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 ...

The user development fee is levied on passengers to fund airport development and modernisation. It is included in final ...