CCI Clears Prosus Stake Purchase in Navi, Bolstering Bet on India’s Digital Finance Market
India’s Competition Commission has approved Prosus’ plan to acquire a stake in Navi Ltd., clearing a key regulatory hurdle for the Dutch technology investor’s deeper push into the country’s digital financial services space. The transaction, routed through MIH Payments Holdings BV, underscores Prosus’ continued confidence in Sachin Bansal-led Navi as it expands across lending, insurance and digital payments.
