Navi Technologies—founded by Flipkart co‑founder Sachin Bansal—has just raised ₹170 crore (about $20 million) in debt financing. This strategic capital infusion, led by PhillipCapital along with several co-investors, marks a key milestone as Navi strengthens its lending operations and prepares for wider growth.
Who’s Involved?
PhillipCapital emerges as the lead investor with ₹120…
Sachin Bansal’s fintech company, Navi, has experienced remarkable growth on the Unified Payments Interface (UPI) platform, nearly doubling its transaction volume in July. Data from the National Payments Corporation of India (NPCI) shows Navi processed 68.5 million transactions in July, a significant increase from 35.7 million in June and just 3 million in March, marking a 22-fold growth in four…
