Total amount raised
$160 Million
Latest funding date
2025-02-06
Location
Akasa Air offers a variety of services related to air travel, including flight booking, hotel booking, car rentals, and holiday packages. The airline also provides tools to manage existing bookings, check-in services, and a range of add-ons to enhance the travel experience.
Special fares are available for specific groups, and the airline frequently promotes various offers and discounts. Keep reading to explore the intricacies of Akasa Air's fundraising journey and the investors backing this innovative platform.
What Is Akasa Air?
Akasa Air operates within the airline industry, emphasizing affordable fares and a growing network of destinations. The company offers a range of services, including flight booking, hotel booking, car rentals, and holiday packages.
Founded in 2025, Akasa Air provides various add-ons to enhance the travel experience, such as seat selection, extra seats, food and beverage options, and priority services. The airline also caters to specific groups with special fares for armed forces, medical professionals, unaccompanied minors, senior citizens, and students.
How Much Funding Has Akasa Air Raised?
- Amount Raised: USD 125,000,000
- Date: February 2025
- Lead Investors: Not disclosed
- Amount Raised: USD 34,666,667
- Date: July 2021
- Lead Investors: Rakesh Jhunjhunwala
Akasa Air has raised a total of USD 159,666,667 in funding.
Key Investors
- Rakesh Jhunjhunwala
- Details: Rakesh Jhunjhunwala was a renowned Indian investor and trader, often referred to as the "Warren Buffett of India." He was known for his significant investments in various sectors and his influence in the Indian stock market.
- Investment Focus Areas: Finance, technology, healthcare
- Notable Investments: Titan Company, CRISIL, Lupin
- Investor 2
- Details: Information about this investor is not publicly disclosed.
- Investment Focus Areas: Not publicly disclosed
- Notable Investments: Not publicly disclosed
- Investor 3
- Details: Information about this investor is not publicly disclosed.
- Investment Focus Areas: Not publicly disclosed
- Notable Investments: Not publicly disclosed
- Investor 4
- Details: Information about this investor is not publicly disclosed.
- Investment Focus Areas: Not publicly disclosed
- Notable Investments: Not publicly disclosed
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