In a significant leadership overhaul at Navi, founder Sachin Bansal has stepped down as CEO of Navi Technologies and Navi Finserv.
He will continue as executive chairman of Navi Group, focusing on long-term strategy, expansion, fundraising, and M&A initiatives.
As part of this transition, Rajiv Naresh has been appointed as the CEO of Navi Technologies, while Abhishek Dwivedi will take over as CEO of Navi Finserv.
Both leaders bring extensive fintech experience and are expected to drive the company’s next growth phase.
“This restructuring is a strategic milestone that enables us to sharpen our focus on long-term growth,” said Bansal. “Both Rajiv and Abhishek have played key roles in our journey, and I am confident they will lead us forward.”
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Founded in 2018 in Bengaluru, Navi Technologies has rapidly become a leading financial services provider, offering personal loans, insurance, and mutual funds.
The company has raised over $677.46 million to date and continues to be a key player in India’s fintech landscape.
Sachin Bansal, known for co-founding Flipkart with Binny Bansal in 2007, exited the e-commerce giant before its Walmart acquisition in 2018. Shortly after, he launched Navi, marking his deep commitment to India’s fintech revolution.
