AJVC Unfiltered 47: Is Navi an Instant Disruptor or on Borrowed Time?

<p>In May 2018, Walmart announced that it would pay $16 billion for 77% of Flipkart. Sachin decided to sell his 5.5% stake in the company he founded for Rs 7,650 crore.</p> <p>Three years later, he founded Navi with a vision to build a financial services behemoth over the next two decades. The vision to build Flipkart into a global behemoth had been tantalizingly close but snatched. And with Navi, the hunger to outdo reigned dominant. The plan was to create a $100 Bn company with Navi.</p> <p>From the beginning, the company focused on acquisitions to procure a universal banking license and meet the stringent criteria set by RBI and Sebi for a banking license. &nbsp;Navi is already into Asset Management, Insurance, and Lending. The company is now looking to expand its horizon and wishes to do an IPO and expand its lending footprint. &nbsp;Sachin Bansal is unlikely to make a mistake again, diluting its stake early on, and he is here for a long play. But will Navi achieve the $100Bn dream?</p> <p>Last fortnight Navi announced a 4,000 Cr IPO which would be one of India's biggest.</p> <p>Link to full article here: <a href="" target="_blank" rel="nofollow">https://ajuniorvc.com/navi-unicorn-sachin-bansal-case-study-indian-tech-startup-ipo-fintech/</a></p> <p>AJVC: <a href="" target="_blank" rel="nofollow">https://ajuniorvc.com/</a></p>