Indian billionaire entrepreneur Gautam Adani said to be in talks to raise $10b

Indian billionaire entrepreneur Gautam Adani said to be in talks to raise $10b

FILE PHOTO: The logo of the Adani Group is seen on the facade of one of its buildings on the outskirts of Ahmedabad, India, April 13, 2021. REUTERS/Amit Dave

Indian billionaire entrepreneur Gautam Adani and his family have initiated talks with top global private equity (PE) investors and wealth funds as they look to raise at least $10 billion in capital to facilitate the Adani Group’s massive expansion plans in areas of clean energy, ports and cement, per a Mint report.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter