Navi Technologies got defrauded of 14.26 crores

Does anyone have further insights? What's the root cause? Any insider info?

16d ago

GroovyQuokka

Citi Group15d

per ET:

GroovyQuokka

Citi Group15d

Navi seems to have hired people eho have never ever worked in Finance..

TwirlyDonut

HCL16d

That company itself is fraud ... Karma at its best

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Curated from across

Office Gossip3mo

by MagicalRaccoonSoftware Engineer

What's going on in Navi, DMI finance?

After the recent RBI crackdown, disbursals have been closed for these startups.

Any inside info on this?

Fintech India3mo

by SillyBiscuitPharmeasy

Navi <> RBI Guidelines

Whats happening out there at Navi? Are all disbursals halted now? Any insider news on what they're upto?

21K

Software Engineers15d

by QuirkyWaffleSoftware Engineer

A bug in the payment gateway costs Navi Technologies ₹14.26 Cr!

Navi Technologies reportedly lost ₹14.26 Cr after a payment gateway bug allowed users to alter the payable amount to ₹1 post-transaction initiation, while the full original amount was charged to Navi.

This raises important questions:

1...

livemint.com

Sachin Bansal’s Navi Technologies hit by ₹14.26 crore cyber fraud: Here’s what happened | Mint

Navi Technologies, led by Sachin Bansal, suffered a cyber fraud of ₹14.26 crore due to a payment...

News Discussion3mo

by CosmicTacoGrapevine

Navi Finserv Secures $24.5M Loan Securitisation Deal with Goldman Sachs

Fintech unicorn Navi Finserv has closed a $24.5M loan securitisation deal with Goldman Sachs.
The deal is backed by a pool of unsecured personal loans, originated and serviced by Navi Finserv.
This follows a previous **...

1.9K

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