Sachin Bansal's Navi raises $100M from Prosus
This is the first institutional fund raise by Navi and the capita; will give it capability to expand its financial services.
Navi Limited, a financial services company founded in 2018 by Sachin Bansal, has successfully raised $100 million in funding from Prosus. This marks Navi's first institutional round of financing. Navi offers a diverse array of financial services, including loans, insurance, mutual funds, and UPI payments. The company has recently surpassed an asset under management value of Rs 13,000 crore and achieved consolidated profitability in the fourth quarter of FY26.
Speaking about the funding, Navi Group Founder & Executive Chairman Sachin Bansal expressed his gratitude, stating that "Their investment is a strong endorsement of the institution we're building at Navi. Beyond the capital, we value Prosus's global perspective, long-term orientation, and experience in scaling technology businesses, and look forward to partnering with them as we continue our growth journey."
He further highlighted Prosus's confidence in Navi's business, execution capabilities, and its ambition to become one of India's leading technology-driven financial services institutions. Ashutosh Sharma, Head of Prosus India Investments and M&A, also shared his excitement about the partnership, noting Navi's large base of loyal users, platform play with multiple lines of businesses, technology-first approach to problem-solving, and relentless focus on delivering superior consumer experience.
The investment into Navi is subject to customary closing conditions and regulatory approvals, including clearance from the Competition Commission of India (CCI).
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