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Regional Airline Investment Opportunity in Dehradun, India

A startup that plans to connect tier 3 and 4 cities via short-haul flights.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Regional Airlines
Locations  Dehradun
Local Time 12:49 AM Asia / Kolkata
Listed By Management Member
Status Moderately Active
Overall Rating
Seeking Investment
USD 1.3 million for 30.0% stake (Native Currency: INR 100,000,000)
Reason: To invest in the infrastructure of the business, acquire the first aircraft and begin operations.
Includes physical assets worth USD 130 thousand
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Business Overview

- It is a startup established in 2019 with the vision of providing airline services to tier 3 and tier 4 cities.

- The intention is to launch short distance flights to provide, nominal air services at nominal airfare.

- The aircraft which will be used for these destinations will have a capacity of accommodating 19 passengers at a time.

- Business is still in the pre-revenue phase, and we are seeking investment in order to purchase the initial aircraft and begin operations.

- We will begin with purchasing 1 aircraft and then seek FDI for the purchase of more aircraft.

- The main office was previously in Delhi, but it is now viable to have an office in Dehradun, hence it has been relocated.

Products & Services Overview

The services which business will provide are.

- Operating of flights to tier 3 and tier 4 cities.

- Enable courier services by air to these cities.

- On demand local flights.

Assets Overview

All the assets owned by the business are - laptops, computer systems, 19-seat aircraft (partially owned), air conditioners.

Facilities Overview

The business office is of 4 floors which is on lease agreement and at a commercial area.

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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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