Flipkart co-founder Sachin Bansal-led lending startup Navi Finserv has raised $38 million from JP Morgan in a significant securitisation deal.
The Bengaluru-based firm will use the raised capital to boost its digital lending business.
Prior to this deal, Navi Finserv had raised Rs 150 crore through private non-convertible debentures (NCDs) in May and Rs 525 crore from public NCDs in March.
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