Fintech firm Navi, co-founded and led by Sachin Bansal, plans to go public by FY26 as it looks to raise more capital. Bansal revealed that Navi has 20 million monthly active users and 40 million users who have ever used the platform.
Navi aims to leverage the public markets as the best source of capital. Meanwhile, Jitendra Gupta, the CEO of Jupiter, stated that public markets are still a distant proposition for his firm.
During a panel discussion, Alok Bansal and Vijay Shekhar Sharma, founders of PB Fintech and Paytm respectively, discussed their post-IPO experiences. They revealed conducting numerous investor meetings to maintain investor interest and stabilize share prices.
Alok Bansal enjoys explaining PB Fintech's unique business model to potential investors, particularly those unfamiliar with the company's approach. Vijay Shekhar Sharma emphasized that life gets more hectic after an IPO, but it allows companies to improve.