Vodafone Idea to soon get Rs 20,000 crore in fresh funding, says CEO

Telecom operator Vodafone Idea is planning to raise Rs 20,000 crore, including Rs 10,000 crore in equity and remaining as fresh loans from banks, in fresh funding, CEO Ravinder Takkar told a newspaper. 

India's third-largest telecom operator Vi is 'closer than ever' in raising fresh funds, Takkar told The Hindu Business Line. 

“There was a list of 8-10 things in our investors’ minds, stating that if these criteria are fulfilled, we will put in the funds. We have never been closer to fulfilling this checklist, either it is already done or close to being done," Takkar told the newspaper. 

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