IndiGo Airlines floats Venture Capital fund

Listed airline operator IndiGo is to launch an alternative investment fund (AIF) under its corporate venture capital arm, IndiGo Ventures. The fund will invest in startups - at the pre-Series A, Series A and Series B stages - that are working on technologies and solutions within the aviation sector. It will also invest in consumer startups relevant to the travel, lifestyle, hospitality and transportation domains.