The Competition Commission of India (CCI) announced on 31 October 2026 that it has approved the acquisition of certain shareholding in Navi Limited by MIH Payments Holdings B.V. MIH Payments Holdings B.V. is an indirect wholly-owned subsidiary of Prosus N.V. Navi Limited is the holding company for the Navi Group, which provides financial services through a mobile application. The release does not say when the acquisition takes effect.
Key points
- CCI approved MIH Payments Holdings B.V. to acquire shares in Navi Limited
- MIH Payments Holdings B.V. is a subsidiary of Prosus N.V.
- Navi Limited operates as a holding company for financial services delivered via a mobile app
When it applies
The document does not state when it takes effect.
Who it affects
- MIH Payments Holdings B.V. and Navi Limited