BENGALURU: Sachin Bansal-led financial services firm Navi will receive a $100 million investment from Prosus, marking its first institutional capital raise, the companies said on Wednesday.

Prosus NV invests $100 million in Indian fintech Navi at a $1.3 billion valuation, marking the company's first institutional funding ahead of a

Founded in 2007 by Sridhar Pinnapureddy, Hyderabad-based CtrlS Datacenters operates 19 data centres across nine key markets in India.