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Navi to expand tech team by 30% in 2024

Navi, the Indian financial services company, plans to expand its tech team in 2024, with a significant focus on technology investments. The company is actively recruiting talent from campuses and lateral hires.

A group of engineers is set to join in June 2024, and hiring will continue throughout the year through various channels.

The goal is to enhance and scale services in lending, health insurance, UPI, mutual funds, and explore new product lines.

“The team will focus on advanced technologies like Generative AI, alternative AI/ML, and Big Data capabilities to improve credit underwriting, increase underwriting volumes, detect fraud, and enhance customer support, quality assurance, and sales processes,” Navi said in a statement.

Expanding the tech team aligns with Navi’s mission to simplify finance for a billion Indians and offer a seamless experience through the Navi app. 

Co-founded by Sachin Bansal and Ankit Agarwal, the Bangalore-based company strives to make finance simple, affordable, and accessible to millions. Navi provides various financial products, including personal and home loans, UPI, insurance, mutual funds, and gold. With a focus on digital-first financial solutions, Navi aims to create excellent customer experiences.

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BRL Editor
BRL Editor
Business Review Live covers finance, technology, travel, lifestyle, and everything in between through exclusive interviews and analysis, market statistics, digital video, and an expanded array of content formats.