Sachin Bansal

RBI lifts supervisory restrictions on Sachin Bansal-led Navi Finserv

Following the imposition of restrictions on Navi, the lender cancelled a scheduled fund raising activity of Rs 100 crore. Rating agency CRISIL had also put Navi's ratings on "rating watch"

IPOs of Flipkart, PhonePe could take couple of years, says Walmart exec

Walmart may put an initial public offering of PhonePe ahead of Flipkart, even though Flipkart is a more mature business

Sachin Bansal's fintech firm Navi lays off nearly 200 employees: Report

In addition to the layoffs, several individuals within the company have resigned over the past few months, including mid-to-senior level employees and leaders

Sachin Bansal-led Navi Tech gets Sebi green signal for Rs 3,350 cr IPO

The firm provides digital-first distribution of personal loans, home loans and health insurance to customers without the need of physical infra

India at 75: From Ambanis to Bajaj - 20 doyens who shaped India's business

Each one of them has played a key role in the building of India, taking ideas and giving them wings. Here's a look at 20 leaders of India Inc who are inseparable from the idea of India

Sachin Bansal's Navi Finserv's Rs 300-cr debt bond subscribed 1.4 times

The fintech firm's secured, rated, listed and redeemable non-convertible debentures (NCDs) have a total value of Rs 600 crore after including the greenshoe option of Rs 300 crore.

Dilemma over bank licences: NBFCs struggle to make the cut for RBI's rules

The RBI has also tightened guidelines, narrowing the regulatory arbitrage that existed between NBFCs and banks

Sachin Bansal's Navi Technologies files draft papers for Rs 3,350-cr IPO

The proposed IPO is completely through a fresh issue of equity shares and there will be no offer-for-sale (OFS), according to the draft red herring prospectus (DRHP)

Sachin Bansal-led Navi Technologies plans Rs 4,000 cr IPO, filing DRHP soon

ICICI Securities, BofA and Axis Capital are the investment banks handling the share sale

Top headlines: Brent spikes to $139; ex-NSE MD sent to 7-day CBI custody

Business Standard brings you the top headlines on Monday

Sachin Bansal-backed Navi MF appoints Hari Shyamsunder as CEO

He will take over from Saurabh Jain who resigned from his current role on February 28

Navi MF looks to launch blockchain fund, files offer document with Sebi

The scheme will be pegged to the Indxx Blockchain Index, a gauge for the performance of companies tied to the blockchain ecosystem

Sachin Bansal's Navi MF files documents for 4 new passive funds

During past two months, fund house has filed 14 schemes, all passive. In August, it had filed seven offer documents with Sebi in a single day

Flipkart co-founder Sachin Bansal takes on ED over FEMA violation notice

ED had issued a show cause notice to Flipkart, its founders, some investors asking them to explain why they should not face a penalty of $1.35 bn for alleged violation of foreign investment laws

Sachin Bansal of Flipkart moves Madras High Court challenging ED notice

Bansal has moved the Madras High Court challenging a show cause notice (SCN) dated July 1 this year issued by the Enforcement Directorate (ED)

Ather Energy raises $35 mn in a funding round led by Sachin Bansal

Hero MotoCorp-backed electric two-wheeler maker Ather Energy said it has raised $35 million in a funding round led by Flipkart co-founder Sachin Bansal's investment of $23 million

Sachin Bansal's Navi app among top three digital lenders in India

Bansal said there is a huge unmet demand for credit and their digital lending platform has done well despite the Covid-19 pandemic

Navi will simplify financial services, improve affordability: Sachin Bansal

Bansal added that it is the next 100 million or so users who have the means to grab the attention of the big banks and insurance companies

BS READS: What Rs 50,000-crore MSME Fund can learn from its start-up sister

The Rs 50,000-crore MSME fund of funds has an uphill task ahead, but there's plenty it can learn from problems with the Rs 10,000 crore start-up fund of funds launched five years ago

Gaja Capital pumps Rs 204 cr in Sachin Bansal's banking venture Navi Tech

The Flipkart co-founder has also elevated himself as managing director, Navi.