Indian Fintech Navi to Raise $100 Million Ahead of Planned IPO

Navi raises $100mn from Prosus ahead of an IPO

Navi, the Indian fintech founded by the Flipkart co-founder Sachin Bansal, has raised $100mn from the investor Prosus. It is the first outside institutional funding for the eight-year-old company, TechCrunch reported. Navi is preparing to go public. The deal values Navi at about $1.3bn, according to people familiar with the matter cited by TechCrunch. Navi […] This story continues at The Next Web

Navi announces investment of $100 million by Dutch investment group Prosus

Navi Limited has secured $100 million from Prosus at a $1.3 billion valuation in its first institutional funding round. The fintech major is also preparing to revive its ₹3,000 crore IPO plans following regulatory approval from the CCI.

Prosus to invest $100 million in Sachin Bansal’s Navi in first institutional fundraise

The transaction is subject to customary closing conditions and regulatory approvals, including clearance from the Competition Commission of India (CCI)

Navi raises $100 million from Prosus ahead of FY27 IPO filing

Navi said the new funds will be used to fuel its next phase of growth as the fintech prepares to file fresh documents for IPO

Sachin Bansal's fintech Navi raises first outside capital with $100M Prosus investment

The investment comes amid Navi plans to go public.

Navi lands $100 mn from Prosus in first institutional raise

Navi secures $100 million investment from Prosus in its first institutional funding round, pending regulatory approvals, as IPO-bound fintech expands payments and lending.