Story India

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

India

What to know

  • The transaction is subject to customary closing conditions and regulatory approvals, including clearance from the Competition Commission of India (CCI)S1
  • The investment comes amid Navi plans to go public.S2
  • The investment comes ahead of Navi's proposed initial public offering, which could value the Bengaluru-based financial services group at around $2 billion.S3
Timeline · newest first
2mos Thehindubusinessline

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)

2mos TechCrunch

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

The investment comes amid Navi plans to go public.

2mos Feedburner:ndtvprofit Latest

Prosus Invests $100 Million In Sachin Bansal-Led Navi Ahead Of IPO

The investment comes ahead of Navi's proposed initial public offering, which could value the Bengaluru-based financial services group at around $2 billion.

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

3 outlets 3 reports

What to know

  • The transaction is subject to customary closing conditions and regulatory approvals, including clearance from the Competition Commission of India (CCI)S1
  • The investment comes amid Navi plans to go public.S2
  • The investment comes ahead of Navi's proposed initial public offering, which could value the Bengaluru-based financial services group at around $2 billion.S3
Timeline · newest first

Sources · 3 citations

S1 Thehindubusinessline 1 report · EN
S2 TechCrunch 1 report · EN