61.17% of the health insurance policies were issued without any human intervention on the Navi App.
Microfinance Distribution network -
411 branches
3,698 employees
118 districts in 10 states
CAPITAL ADEQUACY RATIO -
CAR for NAVI Finserve Pvt Ltd is - 32.14%
CAR for Chaitanya MFI is - 20.04%
CREDIT RATING -
IT AND DATA SECURITY -
Total employees - 982
Tech - 262
Operations (customer support, collections etc) - 470
Non-tech (Business, finance, HR, legal) - 250
Total employees in Chaitanya - 3698
SUBSIDIARIES -
Anmol Como Broking Private Ltd - Engaged in the business of mutual fund distribution, carrying on business in trading, broking hedging etc.
BACQ Acquisitions Private Ltd - BAPL is authorised to engage in the business of building technology and providing services through information technology-driven internet and mobile platforms in various sectors.
Chaitanya India Fin Credit Private Ltd - Microfinance NBFC engaged in the business of giving Joint liability group loans and micro credit and micro finance.
MavenHive Technologies Private Ltd - MTPL is authorised to engage in the business of providing services, including but not limited to information technology and information technology enabled services, such as computer programs, computer applications, computer software and allied services.
Navi AMC Limited (“NAMCL”)- NAMCL is authorised to provide, inter alia, advisory and consultancy services for new and existing businesses and act as registrar and transfer agents and asset manager of any trust or fund and to issue certificates or statements of account.
Navi Finserv Private Limited (“NFPL”) - NFPL is authorised to engage in the business of, inter alia, lending to individual and entities across India and to provide such persons with services and to promote, manage, or carry out activities of insurance, intermediary and buy and sell loans and receivables and other instruments for the purposes of securitization. It also carries on corporate treasury activities.
Navi General Insurance Limited (“NGIL”)- NGIL is authorised to engage in the business of, inter alia, manufacture, distribution, underwriting and services of all kinds of general insurance and health insurance business and all kinds of indemnity and guarantee business.
Navi Investment Advisors Private Limited (“NIAPL”)- NIAPL is authorised to engage in the business of, inter alia, rendering advisory services in different fields and to carry on the business portfolio management, fund management and to provide information in various investment products.
Navi Securities Private Limited (“NSPL”)- Navi Securities Private Limited is authorised to engage in the business of, inter alia, providing financial services like financial planning, investment planning, corporate advisory and management services and/or provide information and trading in commodities services related to securities market to the investors as stock brokers.
Navi Trustee Limited (“Navi Trustee”)- Navi Trustee is authorised to engage in the business of acting as trustees for mutual funds, offshore funds, pension funds, provident funds, venture capital funds, insurance funds, collective or private investment schemes, real estate schemes, employee welfare or compensation schemes or any other schemes, bonds or debentures and as security trustees. Navi Trustee also act as trustees generally for any purpose and to acquire, hold, manage, dispose of all or any securities or money market instruments or property or assets and receivable or financial assets or any other assets or property.
97.77% of the Share are held by “SACHIN BANSAL”.