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Bookmark or Share- IndiGo Co-Founder Gangwal Raises $820 Million in Block SaleA co-founder of India’s biggest airline IndiGo raised about $820 million from selling part of his holding, in the largest block equity sale in the country since 2019. Rakesh Gangwal sold 22.5...
- Rakesh Gangwal - WikipediaRakesh Gangwal (born 25 July 1952) is an Indian-American billionaire businessman. He is the co-founder and 25.2% owner of IndiGo airline. He is the former chief executive officer (CEO) and chairman of US Airways Group. From June 2003 to August 2007, Gangwal was the chairman, president, and chief executive officer of Worldspan Technologies, a ...
- IndiGo Co-Founder Gangwal Raises $820 Million in Block SaleA co-founder of India’s biggest airline IndiGo raised about $820 million from selling part of his holding, in the largest block equity sale in the country since 2019. Rakesh Gangwal sold 22.5 million shares of InterGlobe Aviation Ltd., the owner of Indigo, at 3,015.10 rupees per share, according to the terms of the deal seen by Bloomberg News.
- Bloomberg Billionaires Index - Rakesh GangwalGangwal is a co-founder of InterGlobe Aviation, the operator of India's biggest airline. The Gurgaon-based company controls IndiGo and had revenue of 536 billion rupees ($6.7 billion) in the year...
- Rakesh Gangwal & Rahul Bhatia: How two friends built India's most ...Font Size. Synopsis. The co-founder of IndiGo, Rakesh Gangwal, has reportedly sold shares worth $450m, indicating a possible exit from the company he helped create. Gangwal and Rahul Bhatia founded the airline in 2006, and it quickly became the market leader in India.
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