Navanc funding, investors and company details
Navanc is an emerging Artificial Intelligence (AI) startup from Bengaluru, working in the space of AI-powered property creditworthiness platform. Founded by Nagachethan S M, Byom Kesh Jha.
- Company: Navanc Data Sciences Private Limited
- Sector: Artificial Intelligence (AI)
- Location: Bengaluru
- Founders: Nagachethan S M, Byom Kesh Jha
- Total funding raised: ₹10.92 Cr
Company overview
Navanc builds an AI-powered property creditworthiness platform that delivers real-time assessments, valuation reports, and credit scores for secured lending and insurance. It standardizes property diligence across regions using algorithms evaluating 60+ parameters, computer vision, NLP, and ML for holistic collateral analysis, reducing turnaround from days to hours. The stack includes Valle for instant reports, nLite for lightweight checks, and nAI for predictive insights, enabling banks and NBFCs to automate underwriting, portfolio monitoring, and risk decisions.
Funding rounds
- Latest round (Seed): $ 1.00 Mn (₹8.56 Cr.), 2024-12-11. Investors: Prarambh Ventures, Inflection Point Ventures (IPV), Brigade REAP FirstPort Capital
- Past round: $ 0.30 Mn (₹2.37 Cr.), 2022-06-24. Investors: Samit Shetty, Vinay Bhat