India's Richest People 2026 edition · 1 director · Source: Hurun India
- #134 Sachin Bansal ₹25,700 Cr
Authorised capital
₹500 Cr
Registered with MCA
Paid-up capital
₹495.79 Cr
Issued & subscribed
Company age
10 yrs
Est. 2016
Employees · EPFO
95
Provident fund records
Directors on board
8
As per MCA filings
Key managerial staff
1
CEO, CFO, company secretary
Active GSTINs
3
GST registered
Brands
2
Associated brands
About Navi General Insurance Limited
Data last updated:
Navi General Insurance Limited is a public limited company based in Bangalore, Karnataka, India, a subsidiary of Navi Technologies Limited. It operates in the health insurance providers segment of the financial services sector. It was incorporated on 05 July 2016 and has been in existence for over 10 years.
Its director Sachin Bansal is #134 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U66000KA2016PLC148551. Its GSTIN is 29AAFCD7985H1Z0 (Karnataka). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹500 Cr and a paid-up capital of ₹495.79 Cr. It was formerly known as Dhfl General Insurance Limited. It is led by directors including Usha A Narayanan and Nachiket Madhusudan Mor.
Its last annual general meeting (AGM) was held on 15 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
The company has about 95 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Navi Health Insurance and Navi. Court records list 216 cases involving the company, including 19 filed by the company and 197 filed against it; 93 cases are pending. The company has 5 deals on record (2 secondary share transfers, 2 acquisitions, 1 rights issue); the latest was in February 2020.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website navi.com.
Company details
CIN U66000KA2016PLC148551
Registration Number 148551
Incorporation Date 05 July 2016
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 15 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Navi Technologies Limited
Compliance Status Active Compliant
CIN history
Navi General Insurance has one previous CIN (Corporate Identification Number): U66000MH2016PLC283275. The current CIN is U66000KA2016PLC148551, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U66000KA2016PLC148551 | Current |
| U66000MH2016PLC283275 | Previous |
Recognitions & Rankings of Navi General Insurance
Contact details
Navi General Insurance Limited's registered office is in Bangalore, Karnataka.
- Social Media
- Apps
- Registered Address10th Floor Vaishnavi Tech Square Iballur Village, Begur Hobli, Bangalore, Karnataka, India – 560102
- IndustryFinancial Services, Health Insurance Providers
Comprehensive company report
Navi General Insurance Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Brands
Navi General Insurance operates two associated brands: Navi Health Insurance and Navi. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provision of health insurance services in India. | naviinsurance.com | |
| Provider of digital financial services including UPI payments, loans, insurance, and investments | navi.com |
Business activity
The main business activity of Navi General Insurance is financial and insurance service. In detail, this covers life/non-life insurance and reinsurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K3 | Life/Non-life Insurance and Reinsurance activities |
To see the full business activity and turnover split of Navi General Insurance Limited, buy the company report.
Financials of Navi General Insurance Limited
FY 2025 filings availableFinancial Statement Summary
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To see the full financial statements and ratios of Navi General Insurance Limited, buy the company report.
Board of directors and KMP of Navi General Insurance Limited
Navi General Insurance Limited currently reports 7 directors and 1 key managerial person. 29 former directors have served the organization.
Current Directors and KMP
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Usha A Narayanan | Director | 07 Mar 2022 | 4 Years 7 Months | Current |
| Nachiket Madhusudan Mor Also directs: Dr. Agarwal's Health Care Limited, Narayana Hrudayalaya Limited, Navi Amc Limited and 3 more | Director | 22 Aug 2021 | 5 Years 2 Months | Current |
| Sachin Bansal Also directs: Navi Limited, Navi Finserv Limited, Navi Investment Advisors Private Limited and 1 more | Director | 06 Feb 2020 | 6 Years 8 Months | Current |
| Ankit Agarwal | Nominee Director | 06 Feb 2020 | 6 Years 8 Months | Current |
| Rajiv Naresh | Director | 14 Apr 2025 | 1 Years 6 Months | Current |
| Thatra Lakshmanachary Alamelu | Director | 25 Nov 2024 | 1 Years 10 Months | Current |
Showing 6 of 8 current directors and KMP. View all directors and KMP
Deals & funding
Navi General Insurance Limited has 5 deals on record (2 secondary share transfers, 2 acquisitions, 1 rights issue); the latest was in February 2020.
Total deals
5
Secondary share transfers
2
Acquisitions
2
Rights issue
1
Deals on record (4 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2020 | Rights issue | ₹120 Cr | Investors: Navi Limited |
| Feb 2020 | Secondary share transfer | Undisclosed | Buyer: Navi Limited , Navi Technologies Private Limited & Samit Shankar Shetty, Navi Technologies Private Limited & Sachin Bansal Seller: Wadhawan Global Capital Limited & Srinath Sridharan, Wadhawan Global Capital Limited & Suresh Mahalingam, Wadhawan Global Capital Limited & Aruna Wadhawan |
| Jan 2020 | Acquisition | ₹101.59 Cr | Buyer: Navi Limited Seller: Wadhawan Global Capital Limited |
| Apr 2017 | Acquisition | ₹190 Cr | Buyer: Wadhawan Global Capital Limited |
To see the full deal history of Navi General Insurance Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Navi General Insurance Limited has 216 court cases on record: 19 filed by Navi General Insurance, 197 filed against it. 93 cases are pending and 123 are disposed.
Total cases
216
Filed by the company
19
Filed against the company
197
Pending
93
Disposed
123
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 184 | 183 | 80 |
| High courts | 32 | 14 | 13 |
Cases on record (5 of 216)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ernakulam, Kerala | Court case (OP(MV)) | Filed against the company | Pending |
| District court, Kannur, Kerala | Court case (OP (MV)) | Filed against the company | Pending |
| District court, BELAGAVI, Karnataka | Motor accident claim | Filed against the company | Pending |
| District court, KALABURAGI, Karnataka | Civil suit | Filed against the company by Nijamoddin S/O Late Nabisab Age 56 Yrs Occ Pvt Work Now Nil | Pending |
| High Court of Karnataka | Court case (MFA) | Filed against the company | Pending |
To see the full case history of Navi General Insurance Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Navi General Insurance Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Navi General Insurance has 3 GST registrations: 3 active.
Total GSTINs
3
Active
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCD7985H1Z0 | Karnataka | Active | 24 Dec 2020 |
| 27AAFCD7985H1Z4 | Maharashtra | Active | 01 Jul 2017 |
| 07AAFCD7985H1Z6 | Delhi | Active | 22 Nov 2018 |
To see the full GST registrations and return filing status of Navi General Insurance Limited, buy the company report.
Recent activity
Navi General Insurance Limited has 31 board changes on record since 2017: 8 appointments and 23 cessations. The latest: Rajiv Naresh was appointed as Director on 14 Apr 2025.
AGM
Navi General Insurance Limited last Annual general meeting of members was held on 15 Sep 2025 as per latest MCA records.
Appointed
Rajiv Naresh was appointed as Director.
Ceased
Thatra Lakshmanachary Alamelu ceased to be Additional Director.
Filing
Navi General Insurance Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Thatra Lakshmanachary Alamelu was appointed as Director.
Ceased
Rituparna Chakraborty ceased to be Additional Director.
Ceased
Ajay Kumar ceased to be Company Secretary.
Appointed
Rituparna Chakraborty was appointed as Director.
Ceased
Anurag Baghel ceased to be CFO.
Appointed
Vaibhav Goyal was appointed as CEO.
Ceased
Vaibhav Goyal ceased to be Manager.
Ceased
Usha A Narayanan ceased to be Additional Director.
22 earlier events are in the company report.
News
Frequently asked questions
Navi General Insurance is an active public limited company based in Bangalore, Karnataka, India. The company works in health insurance providers, within the financial services industry. It was incorporated on 05 July 2016 (10+ years old) and is registered under CIN U66000KA2016PLC148551.
Navi General Insurance has 8 current directors and KMP:
- Usha A Narayanan - Director
- Nachiket Madhusudan Mor - Director
- Sachin Bansal - Director
- Ankit Agarwal - Nominee Director
- Rajiv Naresh - Director
- Thatra Lakshmanachary Alamelu - Director
- Rituparna Chakraborty - Director
- Vaibhav Goyal - Ceo
The latest financial statements of Navi General Insurance on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 15 September 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Navi General Insurance is 29AAFCD7985H1Z0, registered in Karnataka. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 27AAFCD7985H1Z4 (Maharashtra), 07AAFCD7985H1Z6 (Delhi).
The CIN (Corporate Identification Number) of Navi General Insurance is U66000KA2016PLC148551. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Navi General Insurance has 216 court cases on record: 19 filed by the company and 197 filed against it. 93 are pending. Most are in the district courts.
Navi General Insurance was incorporated on 05 July 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Navi General Insurance has 5 deals on record (2 secondary share transfers, 2 acquisitions, 1 rights issue); the latest was in February 2020.
Rajiv Naresh was appointed as Director on 14 Apr 2025. Thatra Lakshmanachary Alamelu ceased to be Additional Director on 13 Apr 2025. Thatra Lakshmanachary Alamelu was appointed as Director on 25 Nov 2024. Navi General Insurance has 31 board changes on record in total.
Navi General Insurance can be reached through the website navi.com. Its registered office is in Bangalore, Karnataka, India.