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Business

CCI clears Prosus' proposal to acquire stake in Sachin Bansal-led Navi

Competition Commission of India has approved Prosus' acquisition of a stake in Navi Ltd. This move aims to enhance Prosu...

By Dhallo News · November 1, 2026 at 5:27 PM IST
CCI clears Prosus' proposal to acquire stake in Sachin Bansal-led Navi
Source: Economic Times - Banking & Finance

Competition Commission of India has approved Prosus' acquisition of a stake in Navi Ltd. This move aims to enhance Prosus' position in India's digital financial services market. MIH Payments Holdings BV, part of Prosus, will acquire certain shareholding in the fintech firm. Navi Ltd provides various financial services, including loans, insurance, and digital payments. This investment marks a significant milestone...

SOURCE: Economic Times - Banking & Finance
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DHALLO EDITORIAL STATUS: Aggregated & reviewed
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