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Equity capital available where business models intact: Citi India's Ravi Kapoor

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MUMBAI: Ravi Kapoor, head - banking, capital markets and advisory at Citi India, in an interaction with Mint, spoke about the impact of covid-19 on fundraising outlook for Indian companies, how stressed balance sheets due to the lockdown will drive consolidation, rise in demand for growth capital and if Indian companies can still access the dollar bond markets, which in 2019 saw massive fundraising worth $21 billion.

Edited excerpts below: Q: Is equity capital available for Indian companies at this time? What are the sources of equity capital that companies can tap into? Kapoor: Despite the current volatility and correction in markets, equity capital is available for Indian companies where business models and investment theses are still

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