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Akasa Air: Pitch deck meets checklist: why Rakesh Jhunjhunwala bet on Akasa Air

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In a television interview three years ago, late ace investor Rakesh Jhunjhunwala talked about two of his favourite success stories in India Inc during the last decade. In a year when the country’s oldest private carrier, Jet Airways, had shut down, it was surprising that one of his picks was an airline.“I think the two greatest companies created in India in the last 10 years are IndiGo and DMart. Now, what did IndiGo do? It got a USD6 million

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