Fintech startup Navi has raised Rs 940 crore funding from Prosus at a valuation of Rs 13,192 crore, which is a more than threefold jump in Navi valuation from April 2020. The company has sold 23,94,29,444 compulsorily convertible preference shares (CCPS) at Rs 39.26 each for Rs 940 crore as per regulatory filing
Key Highlights
- Fintech startup Navi raised Rs 940 crore from Prosus at a valuation of Rs 13,192 crore, more than tripling since April 2020.
- Founder Sachin Bansal retains an 84.34% stake, while Prosus Ventures holds an 8.59% shareholding in Navi.
Navi Valuation More Than Triples to Rs 13,192 Crore
Navi's valuation has increased to Rs 13,192 crore from Rs 4,260 crore in the previous Navi funding round in April 2020. The latest investment marks a significant rise in the fintech company's valuation over the period.
As per the regulatory filings, the company plans to use the fresh equity capital to support business expansion, invest in subsidiaries and meet general corporate requirements, in line with the business plan agreed upon with the investor.
Sachin Bansal Retains 84.34% Stake in Navi
Prosus Ventures is currently the biggest external investor in Navi, holding 8.59% of the company's shares.
Founder Sachin Bansal continues to hold the largest overall stake at 84.34%. Co-founder and Chief Financial Officer Ankit Agarwal holds 0.85%. Meanwhile, Paresh Sukthankar, former deputy managing director of HDFC Bank, and Sangeeta Sukthankar collectively own 0.21%, while Anand Rao, former co-founder of Navi Finserv, holds 0.08%.
The latest shareholding structure highlights Bansal's continued majority ownership, even as Prosus enters the company's shareholder base as its largest external investor.
Also Read: Startup Funding Report: 15 Firms Raise $133.9 Mn in the Latest Week
Navi's Business Operations and Leadership Structure
Founded by Flipkart co-founder Sachin Bansal, Navi runs across three businesses – lending, insurance, and mutual funds and UPI payments. The company introduced an insurance business in March 2026 and increased its motor insurance offering.
In February 2025, Navi appointed Rajiv Naresh as CEO of Navi Technologies and Abhishek Dwivedi as CEO of Navi Finserv. Following the leadership changes, Bansal moved into the role of executive chairman of the Navi Group.
Separately, media reports indicate that Navi is in discussions to raise $40 million from Elevation Capital. However, details of the reported fundraising discussions have not been disclosed in the provided information.
