Prosus is putting $100mn into Navi, at a lower price than it once wanted

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Navi, the Indian fintech founded by the Flipkart co-founder Sachin Bansal, has raised $100mn from the investor Prosus.

It is the first outside institutional funding for the eight-year-old company, TechCrunch reported.

Navi is preparing to go public.

The deal values Navi at about $1.3bn, according to people familiar with the matter cited by TechCrunch.

Navi […]




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