When was Navi founded?

Navi was founded in 2012 and became a unicorn in 2025, reaching the milestone in 13 years. It raised its 1st funding round 8 years after its incorporation.

Where is Navi located?

Navi is headquartered in Bengaluru, India.

Who is the current CEO of Navi?

Micah Friedland of Navi. They have also founded 1 company.

Which legal entities is Navi associated with?

Navi is associated with NAVI LIMITED and 6 others.

How many employees does Navi have?

As of May 31, 2025, the latest employee count at Navi is 1737.

Is Navi a funded company?

Navi is a funded company, having raised a total of $445M across 5 funding rounds to date. The company's 1st funding round was a $400M Angel round, raised on Mar 29, 2020.

How much is Navi worth?

The latest valuation of Navi is $1.7B as of Sep 11, 2025.

When was the latest funding round of Navi?

Navi's latest funding was a $20M Conventional Debt round on Jul 28, 2025, with participation from 2 investors.

What is the annual revenue of Navi?

Annual revenue of Navi is more than ₹1,000 Cr as on Mar 31, 2025

Is Navi a Payments company?

The primary sectors of Navi are Payments, Internet First Insurance Platforms, Investment Tech and Alternative Lending.

Where does Navi rank among its competitors?

Navi ranks 11th amongst 660 active competitors, of which 59 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was AssetPlus, which secured $19.3M in Dec, 2025.

Who are the top competitors of Navi?

Navi's top competitors include PhonePe, Jupiter and Finnable. Among them, AssetPlus secured the most recent funding round in December, 2025.

Navi - 2026 Company Profile, Team, Funding, Competitors & Financials

Navi is a series B company based in Bengaluru (India), founded in 2012 by Sachin Bansal, Micah Friedland, Orel Peretz and Ivan Cruz. It operates as a Provider of financial products including UPI, loans, insurance, and mutual funds. Navi has raised $445M in funding from Gaja Capital, with a current valuation of $1.7B. The company has 660 active competitors, including 59 funded and 28 that have exited. Its top competitors include companies like PhonePe, Jupiter and Finnable.

Sectors and market segments that Navi operate in

Navi serves in the FinTech, InsurTech market segments.The primary business model of Navi are:

Company Details

Provider of financial products including UPI, loans, insurance, and mutual funds. The company facilitates payments, investments, and access to credit and coverage options. It offers tools for managing finances and planning investments. The platform provides options for individuals seeking loans, insurance coverage, and investment opportunities. It aims to simplify financial processes through its application.

Website: navi.com
Social
Email ID: *****@navi.com
Phone Number: +91 **********

Key Metrics

Founded Year

2012

Location

Bengaluru, India

Stage

Series B

Total Funding

$445M in 5 rounds

Latest Funding Round

Conventional Debt, Jul 28, 2025, $20M

Post Money Valuation

$1.7B as on Sep 11, 2025

Investors

Gaja Capital & 40 more

Ranked

11^th among 660 active competitors

Annual Revenue

₹1,000+ Cr as on Mar 31, 2025

Employee Count

1,737 as on May 31, 2025

Investment & Acquisitions

KPI Green Energy & 8 more

Similar Companies

Grab & 3204 more

View Navi's full profile

Navi is associated with 7 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count
NAVI LIMITED CIN: U72900KA2018PLC119297 , India, Active	Dec 10, 2018	₹1,000+ Cr (As on Mar 31, 2025)	616 (As on Aug 31, 2025)
Navi Amc Limited CIN: U65990KA2009PLC165296 , India, Active	Apr 08, 2009	0 - ₹10 Cr (As on Mar 31, 2025)	38 (As on Mar 01, 2026)
Navi Investment Advisors Private Limited CIN: U65999KA2019PTC126689 , India, Active	Jul 31, 2019	0 - ₹10 Cr (As on Mar 31, 2025)	539 (As on May 31, 2025)
NAVI MEDICARE PRIVATE LIMITED CIN: U24290TN2019PTC129530 , India, Active	May 27, 2019	₹10 - ₹50 Cr (As on Mar 31, 2023)	-
NAVI GENERAL INSURANCE LIMITED CIN: U66000KA2016PLC148551 , India, Active	Jul 05, 2016	(As on Mar 31, 2022)	169 (As on May 01, 2026)
NAVI FINSERV LIMITED CIN: U65923KA2012PLC062537 , India, Active	Feb 14, 2012	₹1,000+ Cr (As on Mar 31, 2025)	597 (As on Aug 01, 2025)
NAVI FINTECH PRIVATE LIMITED CIN: U72900KA2019PTC128852 , India, Active	Oct 17, 2019	₹50 - ₹100 Cr (As on Mar 31, 2025)	2 (As on May 31, 2022)

Navi has raised a total funding of $445M over 5 rounds. Its first funding round was on Mar 29, 2020. Its latest funding round was a Conventional Debt round on Jul 28, 2025 for $20M. 2 investors participated in its latest round. Navi has 9 institutional investors and 32 angel investors.

Here is the list of recent funding rounds of Navi:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 28, 2025	$20M	Conventional Debt	-	-	-	PhillipCapital, Ambit
May 23, 2024	$18M	Convertible Debt	-	-	-	Kairus Shavak Dadachanji, Rishad Kairus Dadachanji, Pervin Kairus Dadachanji, Rohit Kapadia, Yash Kapadia, Sandhya Rohit Kapadia
Nov 27, 2020	$33.9K	Angel	$547M	6.8x	Natarajan Ranganathan	-

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View details of Navi's funding rounds and investors

The founders of Navi are Sachin Bansal, Micah Friedland, Orel Peretz and Ivan Cruz. Micah Friedland, Vaibhav Goyal, Rajiv Naresh and Abhishek Dwivedi are the CEOs of Navi.

Here are the details of Navi's key team members:

Sachin Bansal: Co-Founder & Managing Director of Navi and founder of 10 other companies, including Flipkart Group, Shopsy and Jambool. They are also an angel investor in 31 startups and serve on the boards of 2 companies.
Contact Info: 1 email address and 2 phone numbers
Micah Friedland: Founder & CEO of Navi.
Orel Peretz: Owner of Navi.
Ivan Cruz: Bussiness Owner of Navi.

Navi's Board of Directors

Navi's board has 8 active members. Sachin Bansal, Rajiv Naresh and Ankit Agarwal are part of team and Vidit Aatrey, Usha a A Narayanan, Abhijit Sinha Bose, Nachiket Mor and Anand Sarveshwar Sinha are independent board members.

Here is the list of Navi's board of directors:

Name	Type	Representing	Status	Duration
Sachin Bansal	Team	-	Current	4y 5m
Ankit Agarwal	Team	-	Current	4y 6m
Rajiv Naresh	Team	-	Current	1y 4m
Usha a A Narayanan	Independent board member	-	Current	4y 5m
Abhijit Sinha Bose	Independent board member	-	Current	4y 5m
Nachiket Mor	Independent board member	-	Current	4y 0m
Vidit Aatrey	Independent board member	-	Past	4y 3m
Anand Sarveshwar Sinha	Independent board member	-	Past	4y 10m

View details of Navi's Founder profiles and Board Members

Navi's employee count trend

Navi has 1,737 employees as of May 25. The total employee count is 43.0% lower than what it was in May 24. Here is Navi's employee count trend over the years:

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Top competitors of Navi include PhonePe, Jupiter and Finnable. Here is the list of Top 10 competitors of Navi, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	PhonePe 2015, Bengaluru (India), Acquired	Provider of digital payment, financial, and technology solutions for consumers	$1.71B	Walmart, General Atlantic & 25 others	86/100
2nd	Jupiter 2019, Mumbai (India), Series C	Online platform offering a suite of financial services	$201M	Peak XV Partners, Z47 & 80 others	80/100
3rd	Finnable 2016, Bengaluru (India), Series C	Platform offering online personal loans with minimal documentation	$90.2M	Z47, India Nippon Electricals & 28 others	79/100
4th	Scripbox 2012, Bengaluru (India), Series D	Platform offering mutual fund investments, financial planning, and wealth growth services	$84M	Accel, LetsVenture & 52 others	78/100
5th	FundsIndia 2008, Chennai (India), Acquired	Online investment platform for mutual funds and other financial products	$16.6M	Foundation Capital, Faering Capital & 8 others	77/100
6th	MobiKwik 2009, Gurugram (India), Public	Provider of digital payment services for mobile and utility bills	$284M	Peak XV Partners, NET1 & 125 others	76/100
7th	Kuvera 2016, Bengaluru (India), Acquired	Digital platform for mutual fund investments	$10.1M	Fidelity, Eight Roads Ventures & 34 others	76/100
8th	Paytm 2000, Noida (India), Public	Provider of digital payment processing and financial service management tools	$2.76B	Alibaba Group, T. Rowe Price & 76 others	75/100
9th	AssetPlus 2016, Chennai (India), Series B	Online platform for mutual fund distributors and financial advisors	$32.2M	InCred Capital, Nexus Venture Partners & 40 others	75/100
10th	Citrus Pay 2011, Mumbai (India), Acquired	Online payment app for consumers and businesses	$32.5M	Peak XV Partners, Ascent Capital & 4 others	74/100
11th	Navi 2012, Bengaluru (India), Series B	Provider of financial products including UPI, loans, insurance, and mutual funds	$445M	Ambit, Gaja Capital & 39 others	73/100

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Founders (largest shareholder) own 98.81%, Angels own 1.04% and Other People own 0.16%. The net worth of Navi's founders is INR 4,000Cr as of Nov 27, 2020.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	98.81%	4,000Cr	9103248	7024951	7068302	9619990
Sachin Bansal	2700988	2903472	8525384	2076042	2918304	5967537
Angel	1.04%	42Cr	2	7	8	6
Samit Shetty	0	0	0	0	0	0
Paresh Sukthankar	0	0	0	0	0	0
S Shashikala Rao	0	0	0	0	0	0
Sharad Sundaramony	0	0	0	0	0	0
Seshadri Kaushika Madhavan	0	0	0	0	0	0
Narayanan Venkataraman	0	0	0	0	0	0
Nitin Jagtap	0	0	0	0	0	0
Samuel Sunil Edwards	0	0	0	0	0	0
Rohan Gogari	0	0	0	0	0	0
Gopikrishnan S Mahadhanapuram	0	0	0	0	0	0
Shweta Mani	0	0	0	0	0	0
Praveen Visesh	0	0	0	0	0	0
Varsha Soni	0	0	0	0	0	0
Anirban Mukherjee	0	0	0	0	0	0
Smita Sahatpure	0	0	0	0	0	0
Subramanian Mambakkam Suryanarayanan	0	0	0	0	0	0
Other People	0.16%	6.34Cr	0	0	0	0
Total	100.00%	4,050Cr	4892157	6740366	1333424	7237783

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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.

Disclaimer

View more details of Navi's Shareholding

Navi has made 6 investments in companies including KPI Green Energy and Infra.Market. Navi has also acquired 3 companies including DHFL General Insurance and MavenHive.

Here is the list of investments & acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Dec 21, 2023	Investments	KPI Green Energy	2008	Surat (India)
Feb 10, 2022	Investments	Infra.Market	2016	Thane (India)
Jan 02, 2020	Acquisition	DHFL General Insurance	2016	Mumbai (India)