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Maroc Maroc - Times of India - Top Stories - 22/Aug 05:20

Premji Invest, Pay look to invest $125 million in Akasa Air

Akasa Air is in discussions for a significant $125 million minority stake investment with Premji Invest and Claypond Capital to support its expansion and aircraft payments. The investment would lead to some shareholding dilution, but the Jhunjhunwala family would remain the largest shareholder.

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