Product Reports Resources Pricing Login Book a demo
COMPANY PROFILE

Star Air

Explore full profile

Introducing Star Air Business Class

Bengaluru, IndiaFounded 2017eCommerce & Marketplaces
Valuation $100–250M Last recorded · 2025
Headcount 1–2k Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Star Air and the history behind them.

About Star Air

Star Air operates as the aviation division of the Sanjay Ghodawat Group (SGG), a diversified Indian conglomerate founded by Sanjay Ghodawat in 1993. A mechanical engineer and licensed pilot, Mr. Ghodawat expanded his family's initial business ventures into a multi-industry group with interests in energy, education, retail, and more before entering the aviation sector. His son, Shrenik Ghodawat, serves as the airline's Managing Director. The airline was founded in March 2017 and commenced commercial operations in January 2019.

The carrier's business model centers on regional connectivity, specifically targeting underserved Tier-II and Tier-III cities in India under the government's UDAN scheme. This strategy focuses on routes with 1-to-2-hour flight times, aiming to compete with ground transportation like buses and railways rather than major airlines. Revenue is generated from the sale of passenger tickets and ancillary services for both scheduled flights and private charter services. The airline has reported profitability and aims to substantially grow its revenue by expanding its fleet and route network. To optimize earnings, Star Air utilizes a revenue management system to automate and maximize passenger revenue.

Based in Bengaluru, Star Air serves a domestic client base of leisure and business travelers seeking access to smaller cities. The airline operates from hubs in Bengaluru, Hyderabad, and Belagavi, flying to over 22 destinations across India. Its fleet consists entirely of Embraer aircraft, including the ERJ 145 and E175 models. Notably, with the induction of the E175, Star Air became the first airline to offer a business class product on UDAN routes, positioning itself as one of the few domestic carriers in India with a dual-class cabin configuration. In addition to fixed-wing aircraft, the company's fleet also includes Airbus H130 and H135 helicopters for charter services.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2017
Headquarters
Bengaluru, India
Employees
1,145
Open positions
2
Dealroom signal
36.6/100
Industry
Travel
Sector
eCommerce & Marketplaces
Business model
Marketplace & ecommerce
Client focus
b2b

Funding history

1 recorded event

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES B✓Equity / VC Nov 2025 $39M $158M Deepak Agarwal · Micro Labs ↗
Showing the latest 1 of 1 recorded eventsBook a demo for the full funding history →

Growth signals

Star Air website traffic

Latest recorded traffic for Star Air is 130K monthly website visits, down 18.8% over the last three months.

Latest monthly visits130K 3-month web change-18.8%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

2 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A2 investors entered at this stage

  • Deepak Agarwal
  • Micro Labs
Team profiled 3 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
12 countries with
team presence
🇮🇳 India97.1%
🇦🇪 United Arab Emirates0.7%
🇻🇪 Venezuela0.5%
🇿🇦 South Africa0.3%
🇨🇷 Costa Rica0.2%
Top 5 of 12 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Star Air on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

See Star Air’s full profile on Dealroom

Request a free trial to see the complete deal history, financials, people graph and growth signals.

Takes under a minute. Already use Dealroom? Log in.