Rounak Jain31 May 2022, 12:23
Vodafone Idea could be close to clinching an investment of 20,000 crore – something that it has been looking for since 2020. This probable fundraise comes less than two months after its promoter, Vodafone Plc. pumped in 4,500 crore via its equity arms. Amazon, one of the reported investors, has been exploring an entry in the Indian telecom sector since 2020 by picking up a stake in Vodafone Idea.