Gaja Capital puts ₹204 crore in Sachin Bansal’s Navi Technologies

Bengaluru: Flipkart co-founder Sachin Bansal’s financial services startup Navi Technologies has raised ₹204 crore in fresh equity capital from Mumbai-based private equity firm Gaja Capital and other ultra-rich individual investors, according to documents sourced from the Registrar of Companies (RoC).

As per the documents, Bengaluru-based Navi Technologies has made allotments of 1.45 crore equity shares, at a price of ₹140.5 per share. Three entities belonging to Gaja Capital, including Gaja Capital Fund-II, GCFII-B and Gaja Capital India AIF Trust have received the allotments.

Bansal is now also the managing director of Navi Technologies.