Funding · Financial Services

Navi discusses funding round with Prosus and Accel

What they do

Navi provides personal loans, home loans, health insurance, mutual funds, and digital payments through its mobile application

The fintech firm is in talks to secure $250-300 million from investors Prosus and Accel Growth Fund

The potential fundraise aims to support international expansion into southeast Asia following a recovery in domestic lending

Navi Technologies is in active discussions to raise $250-300 million in a private funding round from Prosus and Accel Growth Fund.
The proposed financing values the financial services provider at $1.8-2 billion post-money.
Founder Sachin Bansal intends to utilize the fresh capital to expand the company's lending operations into southeast Asia.
The capital raise follows a period of regulatory scrutiny after the Reserve Bank of India temporarily halted lending operations at Navi Finserv in late 2024 before lifting restrictions.
Bansal is also separately raising debt on personal guarantees to inject funds into the lending business as monthly disbursals reach ₹3,000-4,000 crore.

The company previously abandoned plans for an initial public offering despite receiving regulatory approval for a ₹3,350-crore public share sale in 2022.
Founder Sachin Bansal has historically avoided external equity financing, retaining a large majority shareholding in the enterprise.

Navi operates a digital platform offering cash loans, home loans, loans against property, and health insurance.
The company distributes mutual fund products including index funds and multicap funds starting with investments of ₹100.
It provides unified payments interface payment services enabling instant money transfers and digital bill settlements.
Navi Finserv recorded operating revenues of ₹2,461 crore and a net profit of ₹292 crore for the fiscal year.

Prosus (participated) — Dutch technology investor.
Accel US (participated) — US-based venture capital firm investing through its growth fund.

Product: Consumer-facing digital financial services platform with UPI payments, loans, mutual funds and insurance.
Customers: Indian consumers seeking everyday payments and personal finance products.
How it makes money: Earns from financial product distribution, lending activity and related service fees.
What sets it apart: Vertically integrated platform spanning payments, lending, investing and insurance.
Operations: Operates through Navi Finserv, an RBI-registered NBFC, for lending and related financial services.