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Sachin Bansal to acquire Liberty General’s Insurance Business for Navi

Shortpedia

Content Team
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Flipkart cofounder Sachin Bansal is reportedly in talks to buy out the insurance business of Liberty General Insurance Ltd, sources aware of the developments told Mint. Bansal, who left Flipkart in 2018, is planning to merge the acquired business with the insurance wing of his own Navi Technologies Pvt Ltd. The news comes on the same day as Liberty General Insurance receiving a fund infusion of INR 100 Cr from its promoters.