Grapevine: Vodafone Idea explores equity raise; Cult.fit raises fresh capital

Premium

Vodafone Idea is considering an equity raise from new investors, potentially diluting stakes of existing shareholders such as Vodafone Group Plc, Aditya Birla Group, and the Government of India, a media report said. The board of directors is set to meet on Tuesday to determine the fundraising amount after the promoters ......