PANews|Aug 19, 2026 14:59
[Prosus Plans to Invest $100 Million in Indian Fintech Company Navi to Complete First Institutional Funding Round]
According to Bloomberg, Prosus NV plans to invest $100 million in Indian fintech company Navi Ltd., marking Navi's first introduction of institutional capital. The investment is subject to regulatory approvals, including from the Competition Commission of India. Navi, headquartered in Bangalore, operates across payments, credit, insurance, and mutual funds. Its UPI payment app ranked fourth in India by transaction volume in the fiscal year ending in March. Navi Finserv's assets under management have surpassed approximately ₹130 billion.
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