India’s CCI Clears Prosus’s $100 Million Minority Investment in Navi
The Competition Commission of India approved MIH Payments Holdings’ investment ahead of Navi’s planned public listing, removing a regulatory condition to the transaction.
BENGALURU — The Competition Commission of India approved Prosus subsidiary MIH Payments Holdings B.V.’s proposed $100 million minority investment in Navi Limited on Oct. 30, 2026. The approval removes a regulatory condition to the transaction, which was initially announced in August.
Navi, led by Sachin Bansal, operates in India’s digital financial-services market. The investment is the company’s first institutional equity round, according to current reporting, and comes as Navi prepares for a planned initial public offering.
Regulatory approval is not the same as a completed public listing. The transaction still depends on its closing conditions, while the timing and terms of any IPO remain subject to market conditions and applicable approvals.
For Prosus, the investment adds exposure to an Indian fintech with lending and digital-finance ambitions. For Navi, institutional capital can support growth and governance ahead of a public-market process, but it does not guarantee an IPO valuation, timetable or future operating performance.