Navanc, India’s pioneering AI-native banking infrastructure company, has successfully closed its Pre-Series A funding round, raising a total of Rs. 10.5 crore. The extension saw an investment of Rs. 5.5 crore from Equentis, joining the initial investment by GrowthCap Ventures.

Building Foundational AI Models for Banking in India from India

The round also saw participation from a powerhouse group of fintech veterans and technologists, including Navin Kukreja (Founder, Paisabazaar), Gaurav Aggarwal (former CXO, Paisabazaar), Prasanna Rao (Co-founder, Arya.ag), along with a diverse group of Bay Area angels and also counts leading investors including Brigade REAP, Prarambh Ventures, IIMA Ventures, Inflection Point Ventures on its cap table.

Revolutionizing Secured Lending through AI

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, HFCs, and NBFCs, Navanc’s AI-driven infrastructure has moved 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, Navanc enables faster, compliant loan origination, automated revaluation, and real-time portfolio monitoring.

Leadership Perspective

“We are excited to partner with Navanc as they build the digital infrastructure layer for India’s secured lending ecosystem. With strong enterprise adoption and clear product-market fit, Navanc is well-positioned to become a category-defining property-credit intelligence platform. We look forward to supporting the team as they scale into a large and enduring financial infrastructure company,” Manish Goel, Founder, Equentis

“The investment from Equentis has come in at the dawn of Navanc’s exponential growth, with our ARR, and client size increasing by 150% and 283% respectively,” said Nagachethan SM, Co-founder and CEO of Navanc. “This additional capital allows us to double down on our vision of building an intelligent, self-improving ecosystem that financial institutions can trust as their foundational risk layer.”

Byom Kesh Jha, Co-founder and CT&DO, added, “Property-based lending requires more than digitization—it demands deep domain intelligence and a strong foundational assessment AI stack. At Navanc, we are building across multiple layers of property assessment, with live use cases already reducing human dependency by 80–90% and turnaround times from days to hours. This funding is a significant milestone for us, enabling stronger R&D and deeper domain capabilities. It will help us move closer to building a scalable, pan-India property intelligence stack.”

Expanding Footprint

Navanc currently operates as a B2B platform, serving over 35+ institutional customers, including Small Finance Banks (SFBs), NBFCs, and HFCs. The newly raised capital will be deployed to:

• Accelerate Product Development: Enhancing the AI-first architecture for deeper property risk insights.

• Market Penetration: Scaling operations to meet the surging demand across the secured credit ecosystem.

• Team Expansion: Hiring top-tier talent across all departments.

About Navanc

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, Navanc is setting the default standard for secured lending in the “Decisive Decade” of Indian fintech.