Navi Secures $100M from Prosus in First External Funding Round

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Sachin Bansal's fintech startup Navi has raised $100 million from global technology investor Prosus, marking the company's first round of outside capital. The investment represents a significant milestone for Navi, which had previously been funded solely by Bansal himself. The funding comes as Navi is reportedly preparing for a public market listing. Prosus's backing is seen as a vote of confidence in Navi's business model and growth prospects in India's competitive fintech sector.

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