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Indian fintech Navi to raise $100 million from Dutch investor Prosus NV ahead of planned IPO, seeking $2 billion valuation
Indian fintech Navi will raise $100 million from Dutch technology investor Prosus NV in its first institutional funding round. The company, founded in 2018 by Flipkart co-founder Sachin Bansal, is currently valued at about $1.3 billion and is seeking a valuation of approximately $2 billion in its planned initial public offering. Navi offers digital payments, lending, mutual funds, and insurance.
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