Fintech startup Navi, co-founded by Sachin Bansal, is planning to file draft IPO papers in the March quarter of FY27 to raise about Rs 3,000 crore. The IPO is likely to include a mix of fresh equity and an offer for sale, with the final structure yet to be decided. Kotak Investment Banking has been appointed to manage the issue.

The development comes nearly four years after Navi first filed for an IPO, seeking to raise Rs 3,350 crore. The company received an approval from the Securities and Exchange Board…

Sachin Bansals Navi is preparing to return to the public markets by the March quarter of FY27. This and more in todays ETtech Morning Dispatch.

Fintech startup Navi, co-founded by Sachin Bansal, is planning to file draft IPO papers in the March quarter of FY27 to raise about Rs 3,000 crore. The IPO is likely to include a…

Sachin Bansal's fintech firm Navi is planning a Rs 3,000-crore IPO by March 2027, following its earlier approval from Sebi in September 2022.