Sachin Bansal, others pump in over Rs 3,000 crore in Navi Technologies

Date posted: Wednesday 6 May 2020

Navi Technologies, the financial services holding company controlled by Flipkart co-founder Sachin Bansal, has raised over Rs 3,000 crore, after he and other investors infused fresh capital into the Bengaluru-headquartered company. A private placement offer, amounting to Rs 3,226 crore, has also been floated to a number of individuals, including Anirban Mukherjee, chief executive of PayU India and Kaushika Madhavan, managing partner and India head of global management consulting firm Kearney.

(ET Tech)