Vi to rely on internal cash, non bank funding for capex from Sept: CEO

Vodafone Idea Ltd (Vi) will have to rely on its own cash flows to fund network expansion starting September 2025, as the capital raised through its follow-on public offering (FPO) will be fully deployed by then, and clarity on new bank funding remains elusive pending relief on the adjusted gross revenue (AGR) dues matter.

The cash—strapped is looking to tap into non-banking sources for raising funds to continue its capex cycle, CEO Akshaya Moondra said Monday.