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Flipkart's UPI off to a flying start in March

Flipkart has around 500 million users and the company does around five million orders in a day. If a third of these orders start using Flipkart’s UPI, it is likely to do 50 million transactions in a month. ....

Sachin Bansal , Paytm Payments Bank , National Payments Corporation Of India , National Payments Corporation , Amazon Pay , Walmart Owned Phonepe , Google Pay , Paytm Payments , Lipkart Upi , Axis Bank , Digital Payments , Amazon Pay ,

Sachin Bansal's Navi starts offering cashbacks for UPI payments as it looks to expand financial services

Navi s market share is a drop in the ocean compared to market leader PhonePe s 50%. Incidentally, Flipkart, which was cofounded by Bansal, and from which PhonePe was spun off in 2020, waded into the UPI business last month ....

Sachin Bansal , National Payments Corporation Of India , Paytm Payments Bank , National Payments Corporation , Walmart Owned Phonepe , Google Pay , Paytm Payments , Google Playstore , Amazon Pay , Whatsapp Pay , Cred Upi ,

Sachin Bansal's fintech Navi seeks $2B valuation in its first major external fundraise

Flipkart co-founder Sachin Bansal is in talks to raise capital for his new startup, Indian fintech Navi. Bansal is talking to investors to raise at a valuation of around $2 billion, three sources familiar with the matter told TechCrunch. The Bengaluru-headquartered startup Navi has been largely self-funded up to now Bansal owns 97% of the company and this would be its first large outside fundraise since it was founded in 2018. ....

Sachin Bansal , Abu Dhabi , Economic Times , Swiggy Backed Rapido , Tiger Global , Reserve Bank , Chaitanya India , Moneycontrol Tuesday , Overeign Wealth Fund ,