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The investment marks the Sachin Bansal-led fintech's first outside institutional capital raise and comes days after Navi kicked off the process for an IPO worth up to $315 million.

The investment marks the Sachin Bansal-led fintech's first outside institutional capital raise and comes days after Navi kicked off the process for an IPO worth up to $315 million.


A lending business at heart, the Bengaluru-based company projects itself as a fintech ecosystem comprising UPI, insurance and mutual funds. It’s time investors took note.
With the test-prep company struggling, Munjal wants Rs 200 crore each for co-founders to leave, exposing India’s broken founder-investor power dynamic.
After hitting a wall in its efforts to raise equity, the financial services company looks to increase its appeal among bond market investors by going the extra mile.

A lending business at heart, the Bengaluru-based company projects itself as a fintech ecosystem comprising UPI, insurance and mutual funds. It’s time investors took note.
With the test-prep company struggling, Munjal wants Rs 200 crore each for co-founders to leave, exposing India’s broken founder-investor power dynamic.
After hitting a wall in its efforts to raise equity, the financial services company looks to increase its appeal among bond market investors by going the extra mile.