Airline company SpiceJet raises Rs. 3,000 crores from the Qualified Institutional Placement (QIP). The company today announced its recent fundraising through QIP that took place on 16 September. SpiceJet receives this money from Global investors and mutual funds. The main purpose of the company is to get the funding to rebuild the brand's authenticity. The company cleared that it wants to focus on winning consumer trust at a deeper level than it is now. SpiceJet is also looking to strengthen its share in the market. SpiceJet is among the most affordable brands in airlines. Let us have a look at its upcoming growth strategy below.