Sachin Bansal sells Navi’s microfinancing unit for $178.5 million

TechCrunch
By Manish SinghAug 8, 2023, 8:34 am275 pts
Svatantra Microfin has reached an agreement to acquire Navi Group’s microfinancing unit Chaitanya India for about $178.5 million, the two firms said Tuesday, latest in a series of events at entrepreneur Sachin Bansal’s firm that has struggled to secure a banking license. Svatantra said it will become the…

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