CCI approves acquisition of stake in Navi Limited by MIH Payments Holdings
Approval granted for the purchase of shares in Navi Group's holding company by Prosus NV's subsidiary
By Capital Kranti desk, Gandhinagar · Editor: Parth Thakkar
31 October 2026, 7:07 pm · 1 min read
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The Competition Commission of India (CCI) has approved the acquisition of certain shareholding in Navi Limited by MIH Payments Holdings B.V. According to a PIB report, this proposed combination involves the acquisition of a certain stake in Navi Limited by MIH Payments Holdings B.V.
According to official information, the acquiring company, MIH Payments Holdings B.V., is an indirect wholly-owned subsidiary of Prosus NV. This company itself does not carry out any business activity, but works to invest in its portfolio companies in India.
On the other hand, the target company is Navi Limited, which is the holding company of Navi Group. This group provides financial services through a single consumer-facing mobile app. Navi Limited, through its subsidiaries, provides transparent and user-friendly financial products, which are accessible through all mobile devices.
ન્યુઝીલેન્ડ સામે ટેસ્ટ શ્રેણી પૂર્વે બુમરાહ અને જાડેજા ઈન્ડિયા એ ટીમમાં સામેલ થશે
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