Navi Technologies, a consumer-centric and technology-driven business in the BFSI (Banking, Financial Services & Insurance) space, has received about Rs. 888 cr from its founder Sachin Bansal. Navi Technologies was earlier known as BAC Acquisitions. The company was founded by Sachin Bansal & Ankit Agarwal in 2018.
Sachin Bansal also invested $3 million each in debt in scooter-sharing startups Vogo and Bounce. Apart from this he has also invested $100 million in Ola and led a $51 million funding round in electric vehicle maker Ather Energy.
Recently, Sachin became the CEO of Bengaluru-based microlender Chaitanya Rural Intermediation Development Services Pvt. Ltd (CRIDS) and purchased a majority stake in CRIDS for ₹739 crore.
HrNxt.com Newsdesk has researchers and writers with an excellent domain knowledge about the talent ecosystem, and the business environment. The team keeps a tab on the latest happenings in the ecosystem to bring most relevant news and insights for our readers. You can connect with our newsdesk at newsdesk@hrnxt.com.