Business couple Harihara, Preeti Mahapatra to invest ₹1,100 crore in SpiceJet: Report

Businessman Harihara Mahapatra and his wife Preeti will invest ₹1,100 crore in SpiceJet for a 19% stake, ET reported. Harihara Mahapatra and his wife are promoters of Mumbai-based Mahapatra Universal Limited which has a presence in real estate, infrastructure, consulting, consumer and retail businesses. Earlier, SpiceJet announced funds and HNIs will invest ₹2,254 crore in the airline.