Navi Technologies raises $20 million in a debt funding round led by PhillipCapital. The round also saw participation from NDX Finserve and Arpee Group.

Jul 28, 2025•5 months ago

Amount Raised

$20 Million

BengaluruFintechFinance

Investors

Arpee GroupNdx FinservePhillip Capital

Description

Navi Technologies has raised Rs 170 crore or $20 million in a debt funding round led by PhillipCapital with participation from NDX Finserve, Arpee Group, and others. The board at Navi Finserve allotted 1,700 non-convertible debentures at a face value of Rs 10,00,000 each to achieve this amount. This funding will enhance Navi's financial capabilities and investment portfolio. The company's strategic partnerships are anticipated to bolster its market presence.

Company Information

Company

Navi

Location

Bengaluru, Karnataka, India

About

Navi is one of the fastest-growing financial services companies in India providing Personal & Home Loans, UPI, Insurance, Mutual Funds, and Gold. Navi's mission is to deliver digital-first financial products that are simple, accessible, and affordable. Drawing on our in-house AI/ML capabilities, technology, and product expertise, Navi is dedicated to building delightful customer experiences.

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Funding Insights

Based on industry data

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