When was Navi founded?

Navi was founded in 2018 and became a unicorn in 2025, reaching the milestone in 7 years. It raised its 1st funding round 2 years after its incorporation.

Where is Navi located?

Navi is headquartered in Bengaluru, India.

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, Navi has 1737 employees, reflecting a 42% year-over-year decline in headcount.

Is Navi a funded company?

Navi is a funded company, having raised a total of $545M across 6 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 $100M Series C round on Aug 19, 2026, with participation from 1 investor. Its primary sector is Payments. In India, the Payments sector has seen $806M in funding in 2026 to date.

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 Digital Lending.

Where does Navi rank among its competitors?

Navi ranks 11th amongst 680 active competitors, of which 57 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Navi, which secured $100M in Aug, 2026.

Who are the top competitors of Navi?

Navi's top competitors include PhonePe, Paytm and Finnable. Among them, Navi secured the most recent funding round in August, 2026.

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

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

2018

Location

Bengaluru, India

Stage

Series C

Total Funding

$545M in 6 rounds

Latest Funding Round

Series C, Aug 19, 2026, $100M

Post Money Valuation

$1.7B as on Sep 11, 2025

Investors

Gaja Capital & 41 more

Ranked

11^th among 680 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 & 3327 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 FINSERV LIMITED CIN: U65923KA2012PLC062537 , India, Active	Feb 14, 2012	₹1,000+ Cr (As on Mar 31, 2026)	708 (As on May 01, 2026)
NAVI MEDICARE PRIVATE LIMITED CIN: U24290TN2019PTC129530 , India, Active	May 27, 2019	₹10 - ₹50 Cr (As on Mar 31, 2023)	-
NAVI LIMITED CIN: U72900KA2018PLC119297 , India, Active	Dec 10, 2018	₹1,000+ Cr (As on Mar 31, 2025)	526 (As on May 01, 2026)
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 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 Amc Limited CIN: U65990KA2009PLC165296 , India, Active	Apr 08, 2009	0 - ₹10 Cr (As on Mar 31, 2025)	38 (As on Mar 01, 2026)
NAVI GENERAL INSURANCE LIMITED CIN: U66000KA2016PLC148551 , India, Active	Jul 05, 2016	(As on Mar 31, 2022)	169 (As on May 01, 2026)

Navi has raised a total funding of $545M over 6 rounds. Its first funding round was on Mar 29, 2020. Its latest funding round was a Series C round on Aug 19, 2026 for $100M. 1 investor participated in its latest round. Navi has 10 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
Aug 19, 2026	$100M	Series C	-	-	-	Prosus
Jul 28, 2025	$20M	Conventional Debt	$1.7B	4.9x	-	PhillipCapital, Ambit
May 23, 2024	$18M	Convertible Debt	-	-	-	Kairus Shavak Dadachanji, Rishad Kairus Dadachanji, Pervin Kairus Dadachanji, Rohit Kapadia, Yash Kapadia, Sandhya Rohit Kapadia

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View details of Navi's funding rounds and investors

The founders of Navi are Sachin Bansal and Ankit Agarwal. Rajiv Naresh is the CEO of Navi.

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

Sachin Bansal: Co-Founder of Navi and founder of 11 other companies, including Navi, Flipkart Group and Shopsy. 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
Ankit Agarwal: Co-Founder & CFO of Navi and founder of 1 other company. They serve on the board of 1 company.
Contact Info: 2 email addresses and 1 phone number

Navi's Board of Directors

Navi's board has 7 active members. Sachin Bansal, Ankit Agarwal and Rajiv Naresh are part of team and Vidit Aatrey, Usha A A Narayanan, Abhijit Sinha Bose and Nachiket Madhusudan Mor are independent board members.

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

Name	Type	Representing	Status	Duration
Sachin Bansal	Team	-	Current	7y 9m
Ankit Agarwal	Team	-	Current	7y 9m
Rajiv Naresh	Team	-	Current	1y 7m
Usha A A Narayanan	Independent board member	-	Current	4y 6m
Abhijit Sinha Bose	Independent board member	-	Current	4y 6m
Nachiket Madhusudan Mor	Independent board member	-	Current	4y 1m
Vidit Aatrey	Independent board member	-	Past	4y 5m
Anand Sarveshwar Sinha	Independent board member	-	Past	4y 0m

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, Paytm 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	Paytm 2000, Noida (India), Public	Provider of digital payment processing and financial service management tools	$2.76B	Alibaba Group, Intel & 77 others	81/100
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	$87.6M	Accel, LVX & 73 others	79/100
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	Kuvera 2016, Bengaluru (India), Acquired	Digital platform for mutual fund investments	$10.1M	Fidelity, Eight Roads Ventures & 34 others	77/100
7th	Kissht 2015, Mumbai (India), Public	Provider of personal loans, business loans, and loans against property	$133M	Innoven Capital, Trifecta Capital & 41 others	76/100
8th	MobiKwik 2009, Gurugram (India), Public	Provider of digital payment services for mobile and utility bills	$284M	Peak XV Partners, NET1 & 125 others	76/100
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	Olyv 2017, Bengaluru (India), Series C	A personal loan and financial solutions provider	$49.5M	Lightrock, Trifecta Capital & 57 others	73/100
11th	Navi 2018, Bengaluru (India), Series C	Provider of financial products including UPI, loans, insurance, and mutual funds	$545M	Prosus, Ambit & 40 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	2075956	1908909	2072437	8482614
Sachin Bansal	4365859	4530148	8818791	8002740	4285554	3658141
Ankit Agarwal	0	0	0	0	0	0
Angel	1.04%	42Cr	5	2	8	3
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	8739767	5283816	8065771	8002727

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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:

Filter this list

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)