IndiGo Ventures, IndiGo’s corporate venture capital fund, has gained approval from SEBI as an Alternative Investment Fund, marking a pivotal step in promoting innovation. The fund aims to invest in startups poised to transform aviation and related sectors, targeting pre-Series A, Series A, and Series B funding. It will focus on cutting-edge technologies and consumer startups enhancing the passenger experience in travel, lifestyle, and hospitality. Pre-investment activities have begun, with a dedicated portal launching for more information. Neetan Chopra highlighted IndiGo’s commitment to fostering innovation and supporting startups through its extensive expertise and reach. Investments are expected to start by FY 2024-25.