40% Raised

Short Summary

Point-to-point direct flights from UK to secondary cities in India at highly competitive return fares, with £350 as the “from” return ticket price. Team ex-Lotus F1, Ryanair, British Airways and UBS. Seeking final £6m - £2m already committed.

Overview

Target
Rs.45,00,00,000
Minimum
Rs.22,00,000
Investment Raised
Rs.18,00,00,000
Previous Rounds N/A
Stage Pre-Startup/R&D
Investor Role

Highlights

  • £2m already committed to this round and funds to be held in escrow
  • Aiming to serve return flights to India for £350 return
  • World class team ex-Lotus F1, British Airways, Emirates, Ryanair and UBS
  • Non-Stop routes to Ahmedabad and Amritsar secured for flypop
  • Wet licensing terms agreed to lease Airbus A330's when ready
Please note: Investing in early stage businesses involves risks, including illiquidity, lack of dividends, loss of investment and dilution, and it should be done only as part of a diversified portfolio. This platform is targeted solely at investors who are sufficiently sophisticated to understand these risks and make their own investment decisions. This information has not been approved as a financial promotion, and you must carry out your own due diligence.

Angel Investment Network (“AIN”) is not a Stock Exchange nor does it intend to get recognized as a stock exchange under Securities Contracts Regulation Act, 1956. AIN does not facilitate any online or offline buying, selling or dealing of securities, clearing or settlement of trades of securities. AIN is not a network or a platform for the secondary market trading.

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