Navana.ai Raises ₹40 Crore Series A Led by Ronnie Screwvala

Navana.ai Secures Series A Funding

Navana.ai (Navana Tech India), a voice AI company, has raised a Series A round of ₹40 crore (400,000,000 INR). The round was led by Ronnie Screwvala. The funding date is September 7, 2026.

What Navana.ai Does

Navana.ai is a voice AI company building a sovereign, full-stack speech platform for regulated enterprises, with its deepest deployments in the Indian BFSI sector. Its proprietary Bodhi speech models understand 12 Indian languages and dozens of dialects, handling noise, overlapping speech, code-switching and regional accents. These models power an AI Contact Centre, speech APIs and audio-intelligence tools that enterprises can deploy on-premise to satisfy data-localisation and compliance requirements.

Founded in 2018 by brothers Raoul and Jai Nanavati, the company has processed more than 100 million voice AI minutes for clients such as Bajaj Finserv, Protean, Ujjivan Small Finance Bank, Jana Small Finance Bank and Grihum Housing Finance.

Funding Details

• Round type: Series A
• Funding amount: ₹40 crore (400,000,000 INR)
• Funding date: September 7, 2026
• Lead investor: Ronnie Screwvala
• Investors: Ronnie Screwvala, Antler India, Sharad Sanghi, Sandeep Singhal, Paula Mariwala

About the Company

Navana.ai operates in the voice AI space, with a focus on regulated enterprises. Its full-stack speech platform is designed to be sovereign, meaning it can be deployed on-premise to meet data-localisation and compliance requirements. The company's Bodhi speech models are built to handle the complexities of Indian languages and dialects, including noise, overlapping speech, code-switching and regional accents.

The company's product suite includes an AI Contact Centre, speech APIs and audio-intelligence tools. Its deepest deployments are in the Indian BFSI sector, where it serves clients such as Bajaj Finserv, Protean, Ujjivan Small Finance Bank, Jana Small Finance Bank and Grihum Housing Finance.

Founded in 2018 by brothers Raoul and Jai Nanavati, Navana.ai has processed more than 100 million voice AI minutes.

Acquisition Context

The Series A round provides growth capital for Navana.ai as it scales its voice AI platform. The participation of a lead investor alongside a group of additional investors indicates confidence in the company's approach to sovereign, on-premise speech AI for regulated industries.

For acquisition-oriented observers, Navana.ai's position in the Indian BFSI sector, its proprietary speech models covering 12 Indian languages, and its on-premise deployment capability for compliance-sensitive enterprises may be relevant. The company's existing client base among financial institutions provides a foundation of enterprise relationships.

Summary

Navana.ai, a voice AI company building a sovereign full-stack speech platform for regulated enterprises, has raised a ₹40 crore Series A round led by Ronnie Screwvala, with participation from Antler India, Sharad Sanghi, Sandeep Singhal and Paula Mariwala. The funding date is September 7, 2026. The company's Bodhi speech models support 12 Indian languages and dozens of dialects, and its clients include Bajaj Finserv, Protean, Ujjivan Small Finance Bank, Jana Small Finance Bank and Grihum Housing Finance.