Fintech company Navi, backed by Sachin Bansal, is preparing to file draft papers with SEBI for a proposed IPO of around Rs. 3,000 crore. The proposed issue is expected to support the company’s expansion across lending, insurance and digital financial services.
Over the past few years, Navi has expanded its presence across multiple financial products by leveraging technology-driven platforms. The IPO is expected to improve capital availability and support future business growth as competition within India’s fintech sector continues to intensify.
Industry experts believe the proposed offering could become one of the important fintech IPOs over the coming months, particularly as investor interest in digital financial services continues to grow.
