New Delhi, Aug. 19 -- Akasa Air on Tuesday announced the completion of its strategic investment transactions announced on February 6, 2025, welcoming new investment partners to the airline, the company said in a release.

The closure follows the receipt of all requisite regulatory approvals, the release added.

The investors include Premji Invest - a leading global investment firm whose returns primarily support the work of Azim Premji Foundation, funds managed by 360 ONE Asset - a leading asset management firm and Claypond Capital - the investment office of Dr Ranjan Pai, alongside an additional capital infusion from the Jhunjhunwala family, who are existing investors in Akasa Air.

The funds will accelerate Akasa Air's strategic roadmap...