Indian airline Akasa Air has secured new funding from prominent investors, including Azim Premji and Ranjan Pai's family offices. The airline confirmed that it has signed agreements with these marquee investors to infuse fresh capital, although specific monetary details regarding the funding have not been disclosed. This investment is part of Akasa Air's ongoing efforts to strengthen its financial position and expand its operations in the competitive Indian aviation market.
Akasa Air raises funds from Azim Premji, Ranjan Pai family offices https://t.co/7jAFlvJUo9
India's Akasa Air to raise capital from investment offices of Azim Premji, Ranjan Pai https://t.co/DJCsiSGOpG https://t.co/muiZcuhPiB
Akasa Air gets funds from Azim Premji, Ranjan Pai family offices https://t.co/E7s6mZSmN9