Sachin Bansal’s fintech Navi seeks $2B valuation in its first major external fundraise
Flipkart co-founder Sachin Bansal is in talks to raise capital for his new startup, Indian fintech Navi. Bansal is talking to investors to raise at a valuation of around $2 billion, three sources familiar with the matter told TechCrunch. One source said he is looking to raise between $200 million and $400 million.
Bansal has largely self-funded Navi up to now and this would be the Bengaluru-headquartered startup’s first large outside fundraise since it was founded in 2018.
Talks have yet to materialize into a deal, so the terms, as well as Bansal’s appetite for outside funding, may change, the sources cautioned. A Navi spokesperson declined to comment.
https://techcrunch.com/202...
Flipkart co-founder Sachin Bansal is in talks to raise capital for his new startup, Indian fintech Navi. Bansal is talking to investors to raise at a valuation of around $2 billion, three sources familiar with the matter told TechCrunch. One source said he is looking to raise between $200 million and $400 million.
Bansal has largely self-funded Navi up to now and this would be the Bengaluru-headquartered startup’s first large outside fundraise since it was founded in 2018.
Talks have yet to materialize into a deal, so the terms, as well as Bansal’s appetite for outside funding, may change, the sources cautioned. A Navi spokesperson declined to comment.
https://techcrunch.com/202...
Sachin Bansal's fintech Navi seeks $2B valuation in its first major external fundraise | TechCrunch
Flipkart co-founder Sachin Bansal is in talks to raise capital for his new startup, Indian fintech Navi. Bansal is talking to investors to raise at a Flipkart co-founder Sachin Bansal is engaging with investors to raise capital for his fintech startup Navi, sources tell TechCrunch.
https://techcrunch.com/2024/04/03/sachin-bansal-fintech-navi-seeks-2b-valuation-in-its-first-major-external-fundraise/
02:49 PM - Apr 04, 2024 (UTC)
