3 days ago
How an airline co-founder made an INR30k crore exit
He termed IndiGo a 'paan ki dukaan'. Still made INR30k crore by selling its shares Rakesh Gangwal's shareholding in IndiGo, once as high as 36.61%, has come down to approximately 7.81% today. Ever since his fallout with co-founder Rahul Bhatia over governance standards in 2022, Gangwal distanced himself from the airline's operations and strategy making. Still, he made handsome gains as IndiGo kept its growth promise. Tech company CEO shown the
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