Sachin Bansal

(Photo by Jyothy Karat)

Ex-Flipkart founder Sachin Bansal invests Rs 3,000 crore in Navi Technologies

Sachin Bansal has pumped in more money into Navi Technologies, a company he set up to fund ventures in the financial services sector. Bansal along with Navi Founder Ankit Agarwal along with founders of Chaitanya Rural Finance and other investors have invested a total of Rs 3,226 crore into the company, as per regulatory filings sourced from paper.vc.

Bansal has invested Rs 253 crore in cash and Rs 2,675 crore in considerations other than cash, as per the filings.

Paresh Sukthankar, who was formerly with HDFC Bank has also infused Rs 10 crore into the company.

Source: CNBC TV18

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