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
Source: moneycontrol.com