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FLY91 raises Rs 250 crore in funding round with 25% completion to expand regional operations.

PRIVATESep 03, 20264 days ago

Amount Raised

₹2.5 Billion

Round Type

Venture - Series Unknown

GoaTransportationTravel

Description

Regional airline FLY91 is raising Rs 250 crore in a funding round, with 25% of the round already completed. The airline has also placed a landmark order for 40 ATR 72-600 turbo-prop aircraft valued at nearly USD 1 billion. Aircraft deliveries are scheduled to begin in late 2027 and conclude by 2032. The funding and aircraft expansion aim to significantly grow FLY91's regional network across India.

Company Information

Company

FLY91

Location

Goa, India

About

FLY91 is a regional airline based in Goa, India. The company focuses on enhancing connectivity between tier-II and tier-III cities and key regional hubs. Since its operations began in 2024, it has rapidly expanded its network to 12 destinations with over 280 weekly flights. FLY91 aims to strengthen regional air connectivity under the Government of India's UDAN scheme.

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FLY91 raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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