MUMBAI, Aug. 12 -- India's largest airline, IndiGo, is expanding far beyond flying through its corporate venture capital (CVC) arm, IndiGo Ventures. The new entity is zeroing in on aviation and allied startups to grow the airline's ecosystem and keep pace with emerging innovations.

"It gives us early visibility and foresight into the innovations startups are pursuing and, where possible, allows early deployment of those ideas into the IndiGo ecosystem," Neetan Chopra, founder and director of IndiGo Ventures, told Mint in an exclusive interaction.

Established in August 2024, the Rs.450 crore fund was designed to bridge the gap between the slower pace of large corporations and the agile, rapid funding cycles typical of startups, said Anki...