Prosus is putting $100mn into Navi, at a lower price than it once wanted

Navi, the Indian fintech founded by the Flipkart co-founder Sachin Bansal, has raised $100mn from the investor Prosus. It is the first outside institutional funding for the eight-year-old company, TechCrunch reported. Navi is preparing to go public. The deal values Navi at about $1.3bn, according to people familiar with the matter cited by TechCrunch. Navi […] This story continues at The Next Web