Economic Times3d agoBusinessIndia
Fintech Startup Navi Plans FY27 IPO to Raise Rs 3,000 Crore
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- Navi, co-founded by Sachin Bansal, is preparing to file draft IPO papers in the March quarter of FY27 to raise approximately Rs 3,000 crore, appointing Kotak Investment Banking.
- This follows a deferred 2022 IPO attempt and ongoing external funding discussions with Prosus to establish a valuation benchmark.
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Navi, co-founded by Sachin Bansal, is preparing to file draft IPO papers in the March quarter of FY27 to raise approximately Rs 3,000 crore, appointing Kotak Investment Banking. This follows a deferred 2022 IPO attempt and ongoing external funding discussions with Prosus to establish a valuation benchmark.
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This article was originally published by Economic Times.
