Paramount Airways

Chennai, India Founded: 2005 • Age: 21 yrs
Scheduled passenger flights were provided to corporate travelers in India.
Annual revenue - Latest available
Total funding $15.0M 1 rounds
Employees 2 Tracked headcount
Investors 1 Known backers
Products 2 Services tracked
Competitors - Brand Intelligence

About Paramount Airways

Paramount Airways is a company based in Chennai (India) founded in 2005. Paramount Airways has raised $15 million across 1 funding round from investors including Kotak Investment Advisors. The company has 2 employees as of April 07, 2024. Paramount Airways offers products and services including Business Class Flights and Direct Flight Services.

  • Headquarter Chennai, India
  • Employees 2 as on 07 Apr, 2024
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
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  • Legal Name Paramount Airways Private Limited
  • Jurisdiction Chennai, Tamil Nadu, India
Operational Areas
Not available
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $15 M (USD)

    in 1 rounds

  • Latest Funding Round
    $15 M (USD), Private Equity Round

    Nov 26, 2005

  • Investors
  • Employee Count
    2

    as on Apr 07, 2024

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Products & Services of Paramount Airways

Paramount Airways offers a comprehensive portfolio of products and services, including Business Class Flights and Direct Flight Services.

Product name locked
Category locked
Primary

Business class flights were offered with competitive pricing and a focus on direct services to commercial hubs.

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Direct services to various commercial hubs in India were provided, connecting to primary metros across the country.

Funding Insights of Paramount Airways

Paramount Airways has successfully raised a total of $15M through 1 strategic funding round. The most recent funding activity was a Private Equity Round of $15 million completed in November 2005. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Paramount Airways

Paramount Airways has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Kotak Investment Advisors.

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Institutional
Investor Description Founded Year Domain Location
Provider of investment advisory services
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Investments & Acquisitions by Paramount Airways

Investments
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Financial Statements - Paramount Airways

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Paramount Airways Comparisons

Paramount Airways Primary company
Description
Scheduled passenger flights were provided to corporate trave...
Location
Chennai, India
Founded Year
2005
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
2
As of 2024
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Competitors of Paramount Airways

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Latest news on Paramount Airways

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Frequently Asked Questions about Paramount Airways

Paramount Airways was founded in 2005.

Paramount Airways is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.

Paramount Airways is a funded company, having raised a total of $15M across 1 funding round to date.

As of Apr 07, 2024, the latest employee count at Paramount Airways is 2.

Paramount Airways was established in 2005 as an Indian airline focused on regional operations. Scheduled passenger transportation services were offered, with an emphasis on corporate travelers in South and East Indian states. Flights connected key regional destinations until operations were suspended in 2010. The company operated from Chennai, serving the domestic aviation sector without international routes.

Paramount Airways offers Business Class Flights and Direct Flight Services.

Paramount Airways has 1 investor. Key investors include Kotak Investment Advisors.

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