Navanc Strengthens Pre-Series A Round to Rs. 10.5 Cr led by Equentis and GrowthCap Ventures to Back India's First AI-Native Banking Infrastructure

NewsVoir
Bengaluru (Karnataka) [India], April 1: Navanc, India's pioneering AI-native banking infrastructure company, has successfully closed its Pre-Series A funding round, raising a total of Rs. 10.5 crore. The extension saw an investment of Rs. 5.5 crore from Equentis, joining the initial investment by GrowthCap Ventures.
The round also saw participation from a powerhouse group of fintech veterans and technologists, including Navin Kukreja (Founder, Paisabazaar), Gaurav Aggarwal (former CXO, Paisabazaar), Prasanna Rao (Co-founder, Arya.ag), along with a diverse group of Bay Area angels and also counts leading investors including Brigade REAP, Prarambh Ventures, IIMA Ventures, Inflection Point Ventures on its cap table.