Navi Technologies, led by Sachin Bansal, suffered a cyber fraud of ₹14.26 crore due to a payment gateway vulnerability.

Navi Technologies, cofounded by Flipkart's Sachin Bansal, was defrauded of Rs 14.26 crore. Scammers exploited a system bug, ...

Sachin Bansal-led fintech unicorn Navi Technologies was defrauded of INR 14.26 Cr in December 2024 by scammers.

Navi Technologies, co-founded by Sachin Bansal, was hit by a payment gateway fraud costing ₹14.26 crore in December 2024.

The company has alleged that it was cheated of Rs 14.26 crore in 14 days in December 2024 by miscreants who posed as customers and misused a bug to defraud the company.

The malicious actors were able to alter the payable amount after starting a transaction, reducing it to just INR 1. While the ...

The development is likely to generate 2,000 jobs directly and give India the advantage of becoming an optical technology ...