About Paramount Airways
Paramount Airways is a company based in Chennai (India) founded in 2005. Scheduled passenger flights were provided to corporate travelers in India. Paramount Airways has raised $15 million across 1 funding round from investors including Kotak Investment Advisors. The company has 2 employees. Paramount Airways offers products and services including Business Class Flights and Direct Flight Services. Its legal entity in India is PARAMOUNT AIRWAYS PRIVATE LIMITED (U45201TN1998PTC040435).
Company details
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.
- Headquarters Chennai, India
- Employees 2
- Email••••••••
- Phone•••• ••••
- Website paramountairways.com
- Social LinkedIn Facebook
- Legal Name Paramount Airways Private Limited
- Date of Incorporation 01 May, 1998
- Jurisdiction Chennai, Tamil Nadu, India
- Total Equity Funding$15M (USD)
in 1 rounds
- Latest Funding Round$15M (USD), Private Equity Round
Nov 2005
- Employee Count2
Associated legal entities of Paramount Airways
Paramount Airways operates through Paramount Airways Private Limited (under liquidation). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Paramount Airways Private Limited CIN U45201TN1998PTC040435 | Under Liquidation | 01 May 1998 | Chennai, Tamil Nadu | 4 | View details |
Products & Services of Paramount Airways
Paramount Airways offers a comprehensive portfolio of products and services, including Business Class Flights and Direct Flight Services.
Business class flights were offered with competitive pricing and a focus on direct services to commercial hubs.
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.
- Total Funding $15M
- Total Rounds 1
- Last Round Private Equity Round — $15M
- First Round $15M
(Nov 2005)
- Investors Count 1
All 1 funding rounds of Paramount Airways with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2005 | $15M | Private Equity Round | – | Kotak Investment Advisors | – |
1 investors in total: 1 institutional.
Investors in Paramount Airways
Paramount Airways has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Kotak Investment Advisors.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Provider of investment advisory services | kotakinvestmentadvisors.tcc.mode | Mumbai, India |
Investor details for Paramount Airways
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Board of directors of Paramount Airways Private Limited (Paramount Airways)
Paramount Airways Private Limited is the primary company behind Paramount Airways. The board of Paramount Airways Private Limited currently have 3 directors; the longest-serving is Kalyanasundaram Gopalasubramaniam, appointed in 2008. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Kalyanasundaram Gopalasubramaniam DIN 00179822 | Company Secretary | 03 Mar 2008 | 18 yrs 7 mo | Paramount Airways Private Limited |
| Gurubalachandran Enamantram Ramasubramanian DIN 03558310 | Director | 28 Aug 2009 | 17 yrs 1 mo | Paramount Airways Private Limited |
| Periakaruppan Chinnaiya DIN 01177924 | Director | 29 Aug 2009 | 17 yrs 1 mo | Paramount Airways Private Limited |
People of Paramount Airways
2 people are tracked at Paramount Airways (1 in leadership, 1 in team); the tracked headcount is 2.
| Name | Role | Group |
|---|---|---|
M Thiagarajan | Founder | Leadership |
John Benjamin | IT | Team |
Complete people profiles for Paramount Airways
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Timeline of Paramount Airways
2 dated milestones of Paramount Airways, from founding to its latest funding, stage changes and deals.
- Founded Paramount Airways is founded.
- Funding First funding round of $15.0M.
Web traffic of Paramount Airways
The website of Paramount Airways (paramountairways.com) receives about 1.5K visits a month.
- Monthly visits1.5K
▲ 395.1% vs previous month
Websites whose visitors overlap most with Paramount Airways. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
multi-track.com | multi-track.com | 100% | – | ||
| airindia.com | 96% | 9.1M | #4,674 | View details | |
| flykingfisher.com | 94% | View details | |||
| spicejet.com | 88% | 1.5M | #21,644 | View details | |
| goair.in | 77% | View details | |||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 13 similar websites and full traffic analytics for 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. The company's 1st funding round was a Private Equity Round of $15M, raised on Nov 2005.
Paramount Airways has 2 employees.
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.
Paramount Airways operates through Paramount Airways Private Limited.
The legal entities of Paramount Airways currently have 3 directors, including Kalyanasundaram Gopalasubramaniam, Gurubalachandran Enamantram Ramasubramanian, Periakaruppan Chinnaiya.