Navi

Born out of a vision to simplify finance for a billion Indians, Navi's journey began in 2018. Sachin Bansal, fresh from his groundbreaking success with Flipkart, teamed up with his IIT-Delhi batchmate, Ankit Agarwal, to tackle a new frontier: the often complex and intimidating world of financial services. They saw a landscape where financial products were difficult to understand and even harder to access for the average person. With a shared belief in the power of technology to create meaningful change, they founded Navi, initially named BACQ Acquisitions Private Limited, with a clear mission: to make financial services simple, affordable, and accessible to everyone.

The early days were marked by a relentless drive to build a technology-first, customer-centric organization. This wasn't about tweaking existing models; it was about reimagining them from the ground up. Navi started its journey with digital lending, quickly becoming one of the largest lending apps in the country within months of its launch. This initial success was a testament to their innovative approach, offering a completely paperless and hassle-free experience. But this was just the beginning. The company soon expanded its horizons, venturing into health insurance with a promise of lightning-fast claim approvals, and then into the world of mutual funds, making investments accessible to a wider audience. Through strategic acquisitions and a commitment to innovation, Navi has continued to grow its ecosystem, adding services like home loans, UPI payments, and digital gold. Today, Navi stands as a testament to its founding principles, a rapidly growing financial services powerhouse dedicated to empowering a new generation of Indian consumers to take control of their financial futures.