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# India's Navi Technologies Seeks $2 Billion Valuation in First Major External Fundraise
- URL: https://www.theglobalbanker.com/navi-technologies-india-2-billion-valuation-external-fundraise/
- Published: 2024-04-03T14:19:00.000Z
- Updated: 2026-10-02T14:46:20.000Z
- Description: Sachin Bansal's Navi Technologies is seeking to raise between $200 million and $400 million at a $2 billion valuation in the fintech's first significant outside funding round.
- Author: TGB Editorial Team
- Tags: Fintech, Asia-Pacific, #archive

Navi Technologies, the Indian fintech founded by Flipkart co-founder Sachin Bansal, is in talks to raise between $200 million and $400 million from external investors at a target valuation of approximately $2 billion. The fundraise, reported by TechCrunch on 3 April 2024 citing people familiar with the matter, would be the first significant outside capital raise for a company that Bansal has until now financed primarily through his own resources.

Navi operates across personal loans, home loans, health insurance, and mutual fund products, delivering each through a fully digital experience. 

#### VALUATION

A $2 billion valuation, if achieved, would place Navi among India's fintech unicorns. 

The $200 million to $400 million range was cited by one source.