The round also saw participation from a powerhouse group of fintech veterans and technologists, including Navin Kukreja, Founder of Paisabazaar, Gaurav Aggarwal, former CXO at Paisabazaar, and Prasanna Rao, Co-founder of Arya.ag. A diverse group of Bay Area angels also participated, alongside leading investors such as Brigade REAP, Prarambh Ventures, IIMA Ventures, and Inflection Point Ventures, all of whom are part of Navanc’s cap table.
The capital infusion comes as India’s financial services sector undergoes a structural shift toward AI adoption in secured lending, risk assessment, and underwriting. With Micro-LAP and secured MSME credit emerging as strategic priorities for Banks, Housing Finance Companies (HFCs), and Non-Banking Financial Companies (NBFCs), Navanc’s AI-driven infrastructure has transitioned from a value-add to a core necessity for institutional growth.
Navanc provides explainable credit underwriting AI infrastructure designed specifically for Home Loans, Secured Working Capital, and Loan Against Property (LAP). By digitizing and standardizing property diligence, the platform enables faster and compliant loan origination, automated revaluation, and real-time portfolio monitoring, addressing critical inefficiencies in secured lending processes.
Manish Goel, Founder of Equentis, stated that the firm is excited to partner with Navanc as it builds the digital infrastructure layer for India’s secured lending ecosystem. He noted that with strong enterprise adoption and clear product-market fit, Navanc is well-positioned to become a category-defining property-credit intelligence platform, and added that Equentis looks forward to supporting the company as it scales into a large and enduring financial infrastructure entity.
Nagachethan SM, Co-founder and CEO of Navanc, said that the investment from Equentis has come at the dawn of the company’s exponential growth, with its Annual Recurring Revenue (ARR) and client size increasing by 150 percent and 283 percent respectively. He added that the additional capital will enable the company to double down on its vision of building an intelligent, self-improving ecosystem that financial institutions can trust as their foundational risk layer.
Byom Kesh Jha, Co-founder and Chief Technology and Data Officer, emphasized that property-based lending requires more than digitization and demands deep domain intelligence supported by a strong foundational assessment AI stack. He stated that Navanc is building across multiple layers of property assessment, with live use cases already reducing human dependency by 80 to 90 percent and cutting turnaround times from days to hours. He added that the funding marks a significant milestone, enabling stronger research and development and deeper domain capabilities, and moving the company closer to building a scalable, pan-India property intelligence stack.
Navanc currently operates as a B2B platform, serving over 35 institutional customers, including Small Finance Banks, NBFCs, and HFCs. The newly raised capital will be deployed to accelerate product development by enhancing its AI-first architecture for deeper property risk insights, scale market penetration to meet surging demand across the secured credit ecosystem, and expand its team by hiring top-tier talent across departments.
Navanc is India’s first AI-native banking infrastructure company, dedicated to transforming how financial institutions understand and manage property-led risk. By bridging the gap between physical collateral and digital underwriting, the company is setting the default standard for secured lending in what it terms the “Decisive Decade” of Indian fintech, positioning itself at the forefront of a rapidly evolving financial ecosystem.
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