Sachin Bansal-led Navi Technologies has scooped up an additional Rs 204 crore from mid-market private equity firm Gaja Capital, the financial services holding company said in filings to the Registrar of Companies. Bansal, cofounder and former chief executive of Flipkart, has also been named the managing director of Navi Technologies, formerly known as BAC Acquisitions, for a period of five years.

(Economic Times)