- Navi raised ₹940 crore in a funding round led by Prosus, boosting its valuation to ₹13,192 crore.
- Founder Sachin Bansal holds onto an 84.34% stake, remaining the largest shareholder.
- Prosus Ventures becomes Navi’s largest external investor with an 8.59% stake following the investment.
Mistral’s ‘Le Chonk’ AI model goes open source with new weights
Mistral has unveiled open weights for its Mistral Large 4 model, enabling companies to run advanced AI securely on their own hardware.