Gautam Adani led Adani Group is eyeing to raise at least $10 billion from global investors to fund the expansion of its clean energy, cement and ports businesses.

The group is in early talks with investors including Temasek, Singapore’s sovereign wealth fund GIC, and other wealth and private equity funds for raising $10 billion, reports Livemint.

The members of Adani family and the top executives of the group held discussions with several potential investors, two people with direct knowledge of the matter were cited in the Livemint report.

The capital will reportedly be raised through a sale of stakes. Small investors may look at gaining small stakes in the Adani group.

However, bigger firms may soon launch joint ventures with the Adani group in the coming days, the report added.

"They (Adani Group promoters and top management) were in Singapore last week. Earlier, they separately met West Asian and American investors. Talks are still on," the Livemint report quoted a person aware of the matter as saying.

"Hopefully, $10 billion should be easy to raise. The only issue is that since the capital raising is through equity sales and most of the Adani firms’ shares are steadily rising, pricing of deals will be critical," the person added.

The development comes as Gautam Adani had last month said that the group will invest $100 billion over the next decade.

''As a Group, we will invest over $100 billion of capital in the next decade. We have earmarked 70 per cent of this investment for the energy transition space,'' Adani, founder and chairman of Adani Group, said at the Forbes Global CEO conference in Singapore on 27 September.

With interests spanning sea ports, airports, green energy, cement and data centres, the combined market capitalisation of the group's listed companies is $260 billion.