
IndiGo, India's largest airline, has received approval from the Securities and Exchange Board of India (SEBI) to launch its corporate venture capital arm, IndiGo Ventures. The fund aims to invest in startups that have the potential to redefine the future of aviation and beyond. It will focus on pre-Series A, Series A, and Series B funding stages. This move marks a significant step for IndiGo as it seeks to diversify its investment portfolio and support innovation in the aviation sector.
IndiGo Ventures gets SEBI nod to launch Venture Capital Fund https://t.co/GCcDEsXLCB via @moneycontrolcom
#NewsAlert | KEI Industries: Approves raising up to ₹2,000 cr via QIP @keicable https://t.co/fxeY1t228p
💸💸India's largest airline IndiGo has received nod from Sebi for its corporate venture capital arm IndiGo Ventures ▶️To back startups "that have the potential to redefine the future of aviation and beyond" ▶️Will invest in pre–Series A, Series A and Series B stages @ETtech https://t.co/AW9WsVoUJQ
