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April 02, 2013

Deal Alert: Private jet operator Invision looking to raise $27-M

Mumbai-based Invision Air, which provides a private jet charter servie aimed at corporate travelers and also sales and maintenance services of private aircrafts, is looking to raise $27 million in equity. The company was founded in June 2011 by Vinit Phatak and Jayant Nadkarni. The other businesses of the Invision group include telecommunications (via a joint venture with Germany-based antenna manufacturing company Kathrein Werke KG) and marine and aviation safety (via Meridian Inflatables Pvt Ltd).

Source: The Smart CEO

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