IPO-bound Navi lands $100mn from Prosus
BENGALURU: Sachin Bansal-led financial services firm Navi will receive a $100 million investment from Prosus , marking its first institutional capital raise, the companies said on Wednesday.
The transaction is subject to customary closing conditions and regulatory clearances, including approval from the Competition Commission of India . IPO-bound Navi and Prosus did not disclose the valuation, the stake to be acquired, or how the fresh capital will be deployed.
The transaction is subject to customary closing conditions and regulatory clearances, including approval from the Competition Commission of India . IPO-bound Navi and Prosus did not disclose the valuation, the stake to be acquired, or how the fresh capital will be deployed.
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