Trilegal advised Akasa Air, India’s fastest-growing airline, on a fresh capital infusion by way of primary issuance of shares to marquee investors, including Premji Invest – the global investment arm of Mr Azim Premji, Claypond Capital – the investment office of Dr Ranjan Pai, and funds managed by 360 ONE Asset – a leading asset management firm. Independently, the Jhunjhunwala family has also committed to an additional capital infusion into Akasa Air.

The Corporate Team advising on the mandate was led by Partner Kunal Chandra and comprised of Counsel Anamika Ray, Senior Associates Esha Himadri, Aditya Nandakumar, Nezhat Fouzdar, and Associates Sharnam V., Shambuk Biswas, Saee Hingmire, Krishna Nair, Varshini Agarwalla, Nithyashree Venkataraman, Harshit Dhandhia, Disha Rathod, and Rajdeep Mukherjee. The Competition Team advising on the mandate was led by Partner Gautam Chawla, who was supported by Counsel Ankush Walia, and Associate Madhav Kapoor.

Source: Trilegal’s LinkedIn Page