Navi Group

Navi is an Indian financial services company founded by Sachin Bansal[1] and Ankit Agarwal in 2018.[citation needed] The company has its headquarters in Bengaluru.[2] Navi offers digital personal loans, home loans,[3]mutual funds, health insurance and micro-loans.[4]

Industry Finance
Founded December 2018
Founder Sachin Bansal, Ankit Agarwal
Headquarters Bangalore, Karnataka, India
Area served
Services Financial Services, Mutual Fund, Health Insurance

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In December 2018, Sachin Bansal, after his exit from Flipkart, along with IIT-Delhi batch mate, founded BACQ Acquisitions Private Limited which was later renamed as Navi Technologies Private Limited.[5] Since its incorporation, Navi has acquired multiple companies to extend its product and services portfolio.[6]

Navi Technologies, the technology development and services company, acquired a consulting firm MavenHive in 2019, in order to boost product development.[7]

45-50 engineers were hired with plans to hire 400 more in 2021, in line with its growth plan. A new 100k sq ft office space was also acquired in Bengaluru’s Koramangala area, to house its businesses.[8][9]

Navi Technologies is the holding company and the subsidiaries are structured as;[10]

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