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19 Aug 2026, 11:01 PMTechCrunch4.0 Sachin Bansal’s fintech Navi raises first outside capital with $100M Prosus investment

Indian fintech Navi, founded by Flipkart co-founder Sachin Bansal in 2018, raised $100M from Prosus—its first outside institutional capital—at a ~$1.3B valuation. Navi offers digital payments, lending, insurance, and mutual funds, and is reportedly preparing a ~$314M IPO after abandoning a $440M IPO attempt in 2022.

Why: Prosus is an active investor across Southeast Asian tech and payments infrastructure, so its fintech bets signal where capital is flowing in the broader region. Malaysian founders building payments or fintech products should note that Prosus is backing integrated fintech super-apps rather than single-service plays, and that UPI-style government-backed payment rails are a proven growth leverver in India.

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