positive
Navan targets $6.4 B valuation in U.S. IPO
Business-travel and expense platform Navan has filed for a U.S. listing aiming to raise up to $960 million. The company set its price band between $24 and $26 a share, seeking a valuation near $6.4 billion. The proceeds will fund expansion of AI-based travel management tools and debt repayment. If completed, Navan’s IPO would be one of the largest tech offerings of 2025.
Companies:
- Navan
Tags:
- Navan
- IPO
CNBC• By Sneha Pathak
Explore:High Return Equity Mutual Fund
positive
Navan targets $6.4 B valuation in U.S. IPO
Business-travel and expense platform Navan has filed for a U.S. listing aiming to raise up to $960 million. The company set its price band between $24 and $26 a share, seeking a valuation near $6.4 billion. The proceeds will fund expansion of AI-based travel management tools and debt repayment. If completed, Navan’s IPO would be one of the largest tech offerings of 2025.
Companies:
- Navan
Tags:
- Navan
- IPO
CNBC• By Sneha Pathak
Explore:High Return Equity Mutual Fund
1 min read
63 words
Navan seeks nearly $1 billion in its U.S. IPO, underscoring renewed demand for enterprise-tech listings.
Business-travel and expense platform Navan has filed for a U.S. listing aiming to raise up to $960 million. The company set its price band between $24 and $26 a share, seeking a valuation near $6.4 billion. The proceeds will fund expansion of AI-based travel management tools and debt repayment. If completed, Navan’s IPO would be one of the largest tech offerings of 2025.
Business-travel and expense platform Navan has filed for a U.S. listing aiming to raise up to $960 million. The company set its price band between $24 and $26 a share, seeking a valuation near $6.4 billion. The proceeds will fund expansion of AI-based travel management tools and debt repayment. If completed, Navan’s IPO would be one of the largest tech offerings of 2025.
Companies:
- Navan
Tags:
- Navan
- IPO
- Navan
- IPO
- travel tech
- AI