In 2021, Vinay Dube launched Akasa Air, backed by investor Rakesh Jhunjhunwala. Despite initial losses, the airline's valuation has grown to $350 million. Akasa has expanded its fleet rapidly, overtaking SpiceJet in market share, and is now seeking $125 million in new investments from Premji Invest and Claypond Capital for further growth. Read The Rest at :
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