The air carrier has set aside about $850,000 for the fund, which will invest in aviation, travel, lifestyle, hospitality and transport startups.
InterGlobe Aviation, the owner of India’s largest airline IndiGo, is set to form a corporate venture capital subsidiary.
IndiGo has earmarked Rs 70m ($846,000) for the fund and registered a limited liability partnership, according to a filing. The process will take three years to complete and it will start investing in 2026.
“Given our large consumer base…these investments will help us add value to the airline,” said…
