Premji Invest, Claypond Capital and 360 ONE Asset to invest in Akasa Air.

Premji Invest, Claypond Capital and 360 ONE Asset, investment firms, agreed to invest in Akasa Air, an Indian airline. Financial terms were not disclosed. “These are not just financial transactions, they are an investment in our vision and commitment to building an airline for generations. We are thankful to our marquee investors for placing their confidence in Akasa Air and its leadership and to the Jhunjhunwala family for their unwavering faith in the Akasian dream. These investment agreements will empower us to build on the future that every Akasian has envisioned – one that’s bright for each of us as well as for all of India, as we transform the way customers experience air travel,” Vinay Dube, Akasa Air Founder and CEO.