Puneet Dalmia, the managing director of Dalmia Bharat Ltd. has invested in private jet and helicopter operator, JetSetGo Aviation Services Pvt. Ltd. The company has not revealed any financial details about the freshly raised fund.
Indian cricketer Yuvraj Singh funded YouWeCan Ventures had also invested in JetSetGo in July this year. The private jet and helicopter aggregator will use this fund to expand its ground presence in key airports, launch inter-city private jet shuttles, air ambulance services and an online platform for helicopter bookings.
JetSetGo is a Bengaluru based private jet and helicopter operator, which was founded by Kanika Tekriwaland Sudheer Perla in 2013. The aim of the startup is to revolutionize the private aviation business in India by improving the private charter customer’s experience. The company offers a platform that combines the dots between charter customers and operators on one side and service providers with operators on the other side.
The Co-founder and CEO of JetSetGo, Kanika Tekriwal said about the development, “We are trying to simply bring aviation back to its roots and are putting the customer in front of everything else. With this singular focus on delivering superior value for every flight and for every customer, we are gaining loyalty of a genre of customers who probably are the most difficult to please generally.”
JetSetGo has already done 75 trips since its inception, where average cost of every travel lies between Rs. 25k and Rs. 1 Crore, said Tekriwal. Currently, the company has 5 jet planes and 2 helicopters, which are mainly for top executives of large firms and celebrities.
The co-founder of JetSetGo, Sudheer Perla said, “In aggregate, the private aviation industry in India is losing value. We are trying to change that. People generally misunderstand private air travel to be discretionary or only an indulgent form of travel. If one were to take a cross-section of Indian corporates and compare those that have consistently over performed over the years or contributed in higher proportion to economic growth, especially in Tier 2 or 3 (smaller cities) locations, one would see almost all relying on private aviation,”