Navi
Navi is growing: FY26 operating revenue reached ₹2,981.7 crore (Inc42, 24 Sept), and its UPI volume share rose to 4.4% in August from 4.0% in July (Inc42, 16 Sept). The net loss widened to ₹465.99 crore, though Navi posted ₹104 crore PBT in Q1 FY27 (Inc42).
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Background
From 6 stories, the newest dated 24 Sept 2026. Summary written 3 Oct 2026.
Navi is an Indian fintech company with lending and UPI payments businesses. [1] source: Inc42
Show 3 more paragraphs and 6 sources
Sachin Bansal is its founder and chairman. [2] source: Financial Express[3] source: YourStory Navi is deploying AI for credit underwriting, fraud detection, coding, customer support, marketing and feature engineering. [3] source: YourStory
Inc42 reported that Navi's FY26 net loss rose to ₹465.99 Cr, up 268.7% from ₹126.4 Cr, while operating revenue was ₹2,981.7 Cr, up 16.2%. [1] source: Inc42 Navi reached PBT break-even in Q4 FY26 and reported ₹104 Cr PBT in Q1 FY27. [1] source: Inc42 It is preparing a ₹3,000 Cr IPO, and in September 2026 it reiterated its intention to pursue an IPO within 12-18 months. [1] source: Inc42[4] source: Medianama Its UPI transaction-volume share rose to 4.4% in August from 4.0% in July, with 1.08 billion transactions worth ₹52,512.85 crore. [5] source: Inc42 In September 2026 Navi partnered with IndusInd Bank to add a UPI payment switch, rolled out in phases on Android and iOS. [4] source: Medianama[6] source: IndianWeb2 Its AI push follows a $100 million Prosus raise and a ₹13,000 crore AUM milestone. [3] source: YourStory
In August, PhonePe held a 45.9% UPI volume share, Google Pay 32.4% and Paytm 8.1%. [5] source: Inc42
Sources
Questions about Navi
Who leads Navi?
Sachin Bansal is Navi's chairman and founder. He said in September 2026 that banks' resource constraints and evolving regulation leave opportunities for Indian fintechs. [2] source: Financial Express[3] source: YourStory
How fast is Navi growing in India?
Navi reported FY26 operating revenue of ₹2,981.7 Cr, up 16.2%, with a net loss of ₹465.99 Cr. Its UPI volume share rose to 4.4% in August from 4.0% in July. [1] source: Inc42[5] source: Inc42
What is Navi's current strategy in India?
In September 2026 Navi added an IndusInd Bank UPI payment switch, began deploying AI across credit underwriting, fraud detection and customer operations, and continued preparing a ₹3,000 Cr IPO. [1] source: Inc42[3] source: YourStory[4] source: Medianama
Who are Navi's main competitors?
In August, Navi held a 4.4% UPI volume share, against PhonePe at 45.9%, Google Pay at 32.4% and Paytm at 8.1%. [5] source: Inc42
More stories about Navi
- Navi raises $100 million from Prosus in first institutional funding round
- Prosus invests $100m in Navi ahead of planned FY27 IPO filing
Stories that mention Navi
1 story
Navi is named in these stories but is not their subject.