Sachin Bansal's Navi in talks to raise up to $300 million: Report

Navi Technologies, founded by Flipkart's Sachin Bansal, is in talks to raise $250-300 million from Prosus and Accel Growth Fund at a valuation of $1.8-2 billion, The Economic Times reported. The capital is expected to support the expansion of its lending operations in Southeast Asia. The fundraising comes after regulatory challenges and a pivot away from its earlier IPO plans.