Monday, 4 March 2019

AirAsia sets up venture capital fund to boost ancillary segment

AirAsia has launched a new venture capital fund, RedBeat Capital, to invest in start-up businesses that aims to boost the low-cost carrier’s ancillary segment. RedBeat Capital will work alongside San Francisco-based venture capital firm 500 Startups in supporting businesses seeking to enter or expand their presence in southeast Asia, with a particular focus on travel […]

source http://www.ncairways.co/aviation/airasia-sets-up-venture-capital-fund-to-boost-ancillary-segment/

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