Sachin Bansal’s Navi Finserv Secures INR 150 Crore Through Bond Issuance

The investors include Pervin Kairus Dadachanji, Rishad Kairus Dadachanji, and Kairus Shavak Dadachanji, the head of the Dadachanji Group, who have contributed INR 110 Cr.

Navi Finserv, formed in 2012 by Sachin Bansal and Ankit Agarwal, specializes in lending products such as personal, vehicle, and house loans.

Navi Finserv, a fintech unicorn run by Sachin Bansal, reportedly obtained INR 150 Cr through the issuing of bonds from six individual investors.

The investors, who have contributed INR 110 Cr, include Kairus Shavak Dadachanji, chairman of the Dadachanji Group, and Pervin and Rishad Dadachanji.

Furthermore, INR 40 Cr has been funded by private investors Rohit Kapadia, Sandhya Kapadia, and Yash Kapadia.

NCDs are fixed-income long-term securities that enable large corporations to raise capital from the public.