Vodafone Idea raises ₹3,300cr to boost network and stay competitive

Business Dec 18, 2025

Vodafone Idea just secured ₹3,300 crore through non-convertible debentures (NCDs) raised by its subsidiary VITIL.
The move brings in much-needed cash to help pay bills and invest in better network infrastructure.
Big players like NBFCs and foreign investors showed strong interest, with JM Financial Products arranging the deal.

Where's the money going?

The funds will flow from VITIL to Vodafone Idea itself, mainly covering payment obligations and fueling upgrades for network coverage and service quality—with the aim of improving customer experience.

Why this matters now

Vodafone Idea is doubling down on 4G expansion and prepping for next-gen rollouts.
This fundraising is part of a bigger push to strengthen finances and keep up with fierce competition in India's telecom space.