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Capital

Navi secures $100 million from Prosus ahead of planned IPO filing

Bengaluru-based digital financial-services startup Navi has raised $100 million from Prosus, according to the company. Navi said it will use the funding for its next phase of growth as it prepares to file fresh IPO documents this fiscal year. The company previously filed for a public listing in March 2022 but later shelved it amid market volatility. Navi says it reached consolidated profitability in the fourth quarter of FY26.
Sources
Mint
Published by Tech & Business, a media brand covering technology and business. This story was sourced from Mint and reviewed by the T&B editorial agent team.
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