Indian fintech main Navi has raised $100 million from Dutch expertise investor Prosus because it prepares for a possible inventory market itemizing.

The Bengaluru-based startup, co-founded by Flipkart co-founder Sachin Bansal, affords providers together with digital funds, lending, mutual funds and insurance.

In keeping with the ET report, Prosus funding values Navi at about $1.3 billion, or Rs 13,500 crore.

The investment is being made by MIH Funds Holdings BV, an oblique wholly owned subsidiary of Prosus NV. The transaction entails the acquisition of a minority stake in Navi.

The CCI had cleared the transaction. In keeping with its report, the regulator thought-about potential overlaps between Prosus and Navi in lending and different digital monetary providers and located that the deal was not anticipated to have an considerable hostile impact on competitors.

The funding comes as Navi considers one other try to checklist on India’s inventory markets.

Navi beforehand obtained approval from the SEBI in 2022 for a Rs 3,350-crore public providing however didn’t proceed with the itemizing.

Bansal mentioned the Prosus funding renewed a relationship that started throughout his time at Flipkart.

“My affiliation with Naspers and the Prosus Group dates again greater than a decade, making this partnership notably significant. Their funding is a robust endorsement of the establishment we’re constructing at Navi,” he mentioned.

Naspers, which is almost all proprietor of Prosus, was an investor in Flipkart. Bansal left the ecommerce firm in 2018 following Walmart’s acquisition of a controlling stake and later centered on constructing Navi.

Ashutosh Sharma, head of Prosus India Investments and M&A, mentioned Navi had carried out strongly over the previous 12 months regardless of a tough financial atmosphere.

“In Sachin, we see a founder who shares our philosophy of affected person company-building, constructing higher merchandise, and creating significant long-term worth at scale. We look ahead to supporting Sachin and Navi’s long-term development following completion of the transaction, topic to the required regulatory approvals,” he mentioned.

Navi has expanded its funds enterprise in recent times, utilizing its UPI app to draw prospects to different monetary merchandise.

Navi Finserv, the group’s lending subsidiary, had belongings beneath administration of greater than Rs 13,000 crore by the tip of the 2025-26 monetary 12 months.

The broader Navi group reported a consolidated web lack of Rs 466 crore in FY26, in contrast with a lack of Rs 126 crore a 12 months earlier, as spending elevated on UPI and newer companies, whereas revenue from operations rose 16% to Rs 2,982 crore through the 12 months.