Indian startups raised $233 Mn this week, led by Navi and BookMyShow
Indian startups raised $233.2 Mn across 19 deals in the third week of August, a 67% jump from the previous week, Inc42 reports. The bulk came from Prosus's $100 Mn investment in…
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Navi Finserv to expand loans beyond personal, eyes merchant finance
Navi Finserv plans to enter merchant financing and loans against mutual funds as it looks to expand beyond personal loans, which currently make up 90% of its ₹13,000 crore loan book. The…
Navi raises $100 million from Prosus ahead of IPO refiling
Fintech startup Navi has raised $100 million from Dutch investor Prosus, the company announced on Wednesday. The funds will fuel its next phase of growth as it prepares to file fresh documents…
Navi gains UPI market share in July, PhonePe, Google Pay slip
Sachin Bansal-led Navi increased its UPI market share to 4% in July from 3.7% in June, according to NPCI data cited by Inc42. The fintech startup processed 94.7 crore transactions worth Rs…
Sachin Bansal’s Navi plans Rs 3,000 crore IPO by December
Navi, Sachin Bansal's fintech firm, is reportedly planning to file for a Rs 3,000 crore IPO by December this year, according to a Bloomberg report cited by Business Today and Inc42. The…
