flypop teams up with angel investment network Envestors
flypop is getting plenty of interest from new backers thanks to its latest partnership with angel investment network Envestors.
So far over £2 million has been raised for the airline with a target of £6 million by September 1st. Those interested in backing the airline can do so by going directly to the Envestors website https://envestors.envestry.com/deals/2704 or by clicking on the link at the top of flypop’s homepage.
Says (Nino) Navdip Singh Judge, CEO and Founding Partner of flypop:
“We are getting a lot of interest from those who want to back our airline financially, particularly from Asia and the US with American customers able to fly cheaply to Asia via London.”
flypop is an innovative and disruptive low cost long haul airline, providing consumers with direct flights to second tier cities in South Asia from London Stansted Airport. The airline’s first two destinations will be Amritsar and Ahmedabad.
flypop’s management team has a wealth of experience working for airline and related companies including British Airways, Emirates, Ryanair and Lotus F1.
The company has just closed a successful Seed Round fund raise of £100,000. And for its final regulatory funding round, it has so far received commitments for £2 million. All new funds will be held in a solicitor’s escrow account until the service is approved for flying by the UK Civil Aviation Authority. The carrier plans to raise a total of £6 million by the end of 2019.
For more information on investing in flypop go to: https://envestors.envestry.com/deals/2704
More articles from FlyPOP:
We talk to flypop’s Founder and CEO Navdip ‘Nino’ Singh Judge about why now is the perfect time to launch a low cost, long haul airline for South Asia’s second cities.
How to do low-cost, long-haul properly. flypop’s Navdip Singh Judge’s 10 Tips for Success