Sachin Bansal’s Navi Technologies is in talks to raise $250-300 million at a post-money valuation of $1.8-2 billion, sources told ET, in what could be one of the largest funding rounds for a fintech firm this year.
The company, which was eyeing an initial public offering (IPO) last year, is in discussions with Dutch technology firm Prosus and US-based Accel Growth Fund for the fundraise, the sources said. The talks are ongoing, and the final size of the round could change, they added.
