Dear Reader,

Sachin Bansal’s Navi has landed $100 million in its first-ever institutional funding round, backed by global investor Prosus.

Founded in 2018, Navi offers a range of services such as loans, insurance, mutual funds, and UPI payments.

The company has crossed assets under management of Rs 13,000 crore.

It achieved consolidated profitability in the fourth quarter of FY26.