Flipkart co-founder Sachin Bansal’s Navi Technologies defrauded of Rs 14.26 cr via payment gateway bug

Flipkart co-founder Sachin Bansal’s financial products and services startup Navi Technologies has fallen victim to a cyber fraud. 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, according to media reports.

According to a complaint filed by Srinivas Gowda, a vigilance officer at the company, at the Whitefield Cyber Crime Police in Bengaluru,