IndiGo Ventures, the company undertaking fund of Indian airline Indigo, has closed its preliminary fund at $52 million.
The fund is concentrated on early-stage startups searching for pre-Sequence A, Sequence A and Sequence B funding and with “the possible to redefine the way forward for aviation and past.”
IndiGo Ventures is searching for startups in aviation and similar companies together with sustainability and virtual answers in addition to complicated air mobility answers and shopper dealing with trip and hospitality platforms.
The company undertaking fund gained regulatory approval from the Safety and Alternate Board of India in October closing yr to boost $70 million.
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On the time Neetan Chopra, IndiGo’s leader virtual and knowledge officer, stated the startups would “take pleasure in IndiGo’s intensive technical experience and various geographical imprint, resulting in the advance of recent services and products.”
IndiGo Ventures has additionally made its first funding in Jeh Aerospace, a expert in aerospace and protection production.
IndiGo Ventures, the company undertaking fund of Indian airline Indigo, has closed its preliminary fund at $52 million.
The fund is concentrated on early-stage startups searching for pre-Sequence A, Sequence A and Sequence B funding and with “the possible to redefine the way forward for aviation and past.”
IndiGo Ventures is searching for startups in aviation and similar companies together with sustainability and virtual answers in addition to complicated air mobility answers and shopper dealing with trip and hospitality platforms.
The company undertaking fund gained regulatory approval from the Safety and Alternate Board of India in October closing yr to boost $70 million.
Subscribe to our publication beneath
On the time Neetan Chopra, IndiGo’s leader virtual and knowledge officer, stated the startups would “take pleasure in IndiGo’s intensive technical experience and various geographical imprint, resulting in the advance of recent services and products.”
IndiGo Ventures has additionally made its first funding in Jeh Aerospace, a expert in aerospace and protection production.