Azim Premji and Ranjan Pai's family offices are set to invest approximately $100 million in Akasa Air, acquiring a minority stake, according to The Economic Times. This investment is part of a larger funding round worth $130-$140 million, which values Akasa Air at just under $350 million. The airline is also backed by the family of the late investor Rakesh Jhunjhunwala.
Download the medial app to read full posts, comements and news.