Flybig, based in Gurugram, announced a strategic investment collaboration with Royal Bengal Holding Inc., based in the United States, on Wednesday. Royal Bengal Holding's investment will focus on flybig's aviation business as the airline seeks to expand its network across India through the regional air connectivity scheme -- UDAAN, according to a statement from flybig.
"This strategic investment will significantly help flybig's network expansion." We will be able to expand our operations and provide even more connectivity to underserved areas of the country with the help of Royal Bengal Holding Inc," said Saanjay Mandavia, Chairman and Managing Director of flybig.
"We believe flybig has enormous potential in the Indian aviation market, particularly given its emphasis on regional operations," Royal Bengal Holding promoter-director Sanjay Singh