Interups to acquire a 49% stake in Trujet.

Interups, a New York-based investor, agreed to acquire a 49% stake in Trujet. a domestic airline company. Financial terms were not disclosed. “The funds raised through 49% FDI in the company, will be utilised to expand its operations pan India and explore the newer opportunities in the civil aviation sector. We will finalise the exact final amount at a later stage," Palepu Lakshmi Prasad, Interups Chairman.