InterGlobe Aviation’s corporate venture capital fund -- IndiGo Ventures has received approval from market regulator Securities and Exchange Board of India (SEBI) to launch a venture capital fund, which is expected to start investments by the end of this fiscal (FY25). 

The fund will invest in startups that have the potential to redefine the future of aviation and beyond, seeking pre-Series A, Series A and Series B funding. These include startups working on cutting-edge technologies and solutions within the aviation sector. Further, the fund will look to invest in consumer startups that have a touch-point in the passenger journey, such as travel, lifestyle, hospitality and transportation. The fund has commenced pre-investment activities, including engaging with select startups and their founders.

InterGlobe Aviation (IndiGo) provides air transportation services in India and internationally. The company primarily operates IndiGo passenger airline.