Company overview
Navi at a glance
Navi is a financial-services company built around delivering products digitally. A customer can use its app to apply for products such as personal loans and home loans or invest in mutual funds, reducing much of the paperwork and branch visits traditionally associated with financial services. Unlike a simple comparison marketplace, parts of Navi's business operate through regulated financial subsidiaries that actually provide the underlying financial product. The company was founded in 2018 by Sachin Bansal and Ankit Agarwal after Bansal left Flipkart. Navi initially expanded through digital lending and later entered other areas of financial services through new products and acquisitions. Its basic strategy is to use technology to make the application, underwriting and servicing of financial products faster and more automated.