Tech tycoon Azim Premji’s global investment arm and Manipal group chief Ranjan Pai’s family office have invested an ...

Tech tycoon Azim Premji and Manipal group chief Ranjan Pai have invested an undisclosed sum to acquire a stake in Akasa Air.

Akasa Air, India's youngest airline, receives investment from Azim Premji's global investment arm and Ranjan Pai's family office. The Jhunjhunwala family also commits additional funds.