IndiGo to set up venture capital arm to invest in aviation and allied sectors

After posting a record profit in Q1, 2023, IndiGo is spreading its wings into Venture Capital to make early-stage investments in aviation startups. The announcement was made during IndiGo’s earnings call with investors on August 2. The airline has sought regulatory approvals and is yet to narrow down on the size and scale of this business but it the airline will start with an initial amount of INR 70 bn “We are planning on launching our venture capital arm which will invest in early-stage companies operating in aviation & consumer focussed & allied sectors such as travel, lifestyle, hospitality &