Fibre optics focused Sterlite Technologies raises Rs.1,000-Cr through QIP

Pune-headquartered broadband technology company Sterlite Technologies has raised INR 1,000 crore by issuing equity to Qualified Institutional Investors (QIP) including HDFC Mutual Fund, Nippon Life India, Goldman Sachs, and Bandhan Mutual Fund.STL is a optical and digital solutions company providing offerings to build 5G, Rural, FTTx, Enterprise and Data Centre networks.