Sachin Bansal's fintech Navi seeks $2B valuation in its first major external fundraise

Flipkart co-founder Sachin Bansal is in talks to raise capital for his new startup, Indian fintech Navi. Bansal is talking to investors to raise at a valuation of around $2 billion, three sources familiar with the matter told TechCrunch. The Bengaluru-headquartered startup Navi has been largely self-funded up to now -- Bansal owns 97% of the company -- and this would be its first large outside fundraise since it was founded in 2018.

Related Keywords

India , Malaysia , Sachin Bansal , Abu Dhabi , Softbank , Economic Times , Swiggy Backed Rapido , Tiger Global , Reserve Bank , Chaitanya India , Moneycontrol Tuesday , Echcrunch , Venture , Avi , Overeign Wealth Fund ,