16 Oct 2025 | 5 Mins Read
Vedanta partners global hedge funds for Jaiprakash Associates bid
Flipitmoney
Vedanta Group, led by Anil Agarwal, is seeking funds from global investors and hedge funds to finance its Rs 17,000-crore bid for bankrupt Jaiprakash Associates Limited (JAL), the highest bidder ahead of the Adani Group, to add to its power generation and real estate capacity through JAL's extensive assets. Vedanta has received CCI approval for the Rs17,000 crore JAL acquisition.