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Akasa Air to Get $125 Million Funding From Azim Premji, Ranjan Pai Consortium

2024 • 3min • News • Business

Informative

Published On: August 22, 2024 - India’s youngest carrier, Akasa Air is getting set to up its game with new investors like Azim Premji and Ranjan Pai reportedly pumping in about $125 million. Akasa Air will dilute the promotor stake and use the fresh infusion for paying for the pre-delivery of new aircraft.