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Sachin Bansal's Navi Tech files draft papers for ₹3,350 crore IPO
short by Hiral Goyal / on Saturday, 12 March, 2022
Flipkart Co-founder Sachin Bansal-led Navi Technologies has filed draft papers with SEBI to raise up to ₹3,350 crore through an initial public offer (IPO), Moneycontrol reported. The offer will primarily consist of fresh issuance of equity shares with no offer-for-sale component. Sachin Bansal co-founded the financial services company with Ankit Agarwal after exiting Flipkart in 2018.
read more at Moneycontrol