Why is Sachin Bansal taking Navi public?

The three-year-old fintech seems to think a listing will boost its chances of getting a bank licence. Does it stand a chance, given its missteps?

15 March, 202212 min
0
Banner image

Subscribe to read this story

We publish over 500 original, detailed stories every year on startups, corporates, stock markets and economic current affairs.

$99 for one year

SUBSCRIBE
Already have an account? Sign In

Not ready to subscribe? Sign up for a free account

We value our free readers. Read 100+ stories every year.

You may also like

Internet
Story image

Peak XV Partners should win the record outcome test with Pine Labs

Finally, this question will be answered. Who has returned the most amount of capital on any venture investment in India in the last two decades?

Business
Story image

India’s listed SME space is a ticking time bomb

If recent investigations by SEBI into cases of fraud by listed SMEs are any indication, a scam running into lakhs of crores is in the making, putting the entire financial system at risk.

Internet
Story image

Gaurav Munjal’s exit from Unacademy turns messy over money, special demands

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.