Moneycontrol
    Moneycontrol PRO
    LAMF
    LAMF

    Navi

    Jump to

    • Avatar: Fire and Ash BTS moments go viral as Na’vi actors enjoy Noodles and Fruits between takes

      Behind-the-scenes clips from Avatar: Fire and Ash have gone viral, showing Na’vi actors enjoying noodles and fruits on set, a simple, human moment that has delighted fans worldwide.

    • 2026 will be breakout year for Navi, its credit-on-UPI push, says CEO Rajiv Naresh

      Navi is chasing profitability as it is looking to launch an IPO in the next fiscal and the fintech has been moving in that direction over the past six months, Naresh tells Moneycontrol

    • For a fintech, the regulator is its most important stakeholder, says Navi founder Sachin Bansal

      Speaking at the Startup Mahakumbhi, Sachin Bansal said that fintechs should prioritise regulation, even if it is detrimental to the interests of its consumers.

    • Was extremely unhappy after Flipkart exit; Paytm's Vijay calls me the unhappiest billionaire: Sachin Bansal

      Bansal admitted that his exit from Flipkart in 2018, following the company’s $16 billion acquisition by Walmart, was neither anticipated nor desired.

    • We can use more capital, plan to go public in FY26: Sachin Bansal on Navi IPO

      This marks a renewed push for Navi’s IPO ambitions after its previous attempt in 2022, when it filed a draft red herring prospectus (DRHP) with SEBI for a Rs 3,350 crore public issue but later withdrew due to market conditions.

    • Top Navi executives Shobhit Agarwal and Apurv Anand quit to launch asset management company

      The duo is planning to start the venture with a market regulator Sebi’s Portfolio Management Services (PMS) license targeting high-net-worth individuals and financial institutions

    • Flipkart's super.money beats Cred to take 5th place; UPI daily transaction value crosses Rs 1 lakh crore for first time

      PhonePe dominates UPI payments, with a 47.5% market share in volume in February. In value terms, its share is even higher at 51 percent

    • Sachin Bansal slams WhatsApp Pay, Amazon Pay: ‘They haven’t done justice to UPI’

      UPI has been treated as a side feature by these major players rather than as a core product, the Navi founder has said

    • Future of UPI is credit-driven, not debit-driven, says Navi founder Sachin Bansal

      According to Bansal, Rupay credit cards now account for 60% of all credit card spends in India, with 90% of those transactions happening on UPI.

    • Top-level rejig at Navi: Sachin Bansal to be executive chairman, appoints new CEOs

      Rajiv Naresh will be the CEO of Navi Technologies while Abhishek Dwivedi will be CEO of Navi Finserv Limited

    • Navi, super.money building on UPI gains, Cred's share stagnant since April 2024

      Late last year, NPCI extended the implementation of its 30 percent market cap by two more years, as the newer players failed to make any material impact

    • Davos 2025: Developing Navi Mumbai, a 'Third Mumbai' to offset high real estate costs, retain talent, says Fadnavis

      CM Devendra Fadnavis admits that Maharashtra lost business to Bengaluru and Hyderabad due to high real estate costs but says things are now changing

    • Navi, super.money continue to gain UPI market share as PhonePe and Google Pay dominate

      Though NPCI has extended by two years the deadline to implement 30 percent market cap share, PhonePe and Google Pay together account for close to 85 percent of the UPI market share

    • How Sachin Bansal's Navi Finserv reversed RBI lending ban in quick time

      Navi’s move to reduce the peak interest rates could also mean that it will naturally reduce its exposure to customers with higher risk profiles and is likely to help the company reduce its NPA during FY 25

    • Flipkart Group's super.money becomes sixth largest UPI app

      Meanwhile, Sachin Bansal-led Navi saw a month-on-month decline in the number of transactions for the first time since April this year when the firm started courting payment users aggressively with cashbacks

    • Sachin Bansal's Navi overtakes Cred to emerge as fourth largest UPI app

      Flipkart Group’s super.money doubled the number of transactions in October, overtaking NPCI’s BHIM app

    • RBI ban on Navi, three more NBFCs leaves fintechs worried

      RBI on Thursday barred Bengaluru headquartered-Navi Finserv and three more NBFCs to stop disbursing loans from October 21

    • Flipkart Group's super.money rises through UPI ranks, grows 10x in 2 months

      Super.money is betting on selling credit products on UPI. The wait list for its Rupay credit card has crossed a million, founder and CEO Prakash Sikaria has said

    • Sachin Bansal’s Navi overtakes Amazon Pay to emerge as fifth largest UPI player

      The NBFC, whose main line of business is lending, has grown its volume 30 times in six months — from three million UPI transactions in March to 89 million in August

    • Navi launches Credit Line on UPI product in partnership with Karnataka Bank

      The lack of a specific revenue model has prevented the banks and UPI apps from actively acquiring customers for the product

    • Sachin Bansal’s Navi doubles UPI transactions in July, posts 22x growth in 4 months

      While the rewards seem to be coming down, Navi has managed to post blistering growth and is set to be the fifth-largest UPI app if it keeps the momentum going

    • Sachin Bansal’s Navi continues to grow at a brisk pace even as UPI transactions decline in June

      Paytm hung on to its 8 percent market share in June, a far cry from the 12 percent it had before the regulatory action on its associate firm, Paytm Payments Bank in January this year

    • Flipkart Group launches UPI app super.money, takes on erstwhile group firm PhonePe

      Interestingly, Flipkart cofounder Sachin Bansal’s fintech app Navi has registered a 10x growth in UPI payments in two months. Bansal was instrumental in Flipkart acquiring PhonePe

    • Sachin Bansal’s Navi UPI grows 10X in two months

      Navi started offering rewards and cashbacks for unified payments interface (UPI) users on its platform in April. While this has succeeded, now the company has a bigger challenge of maintaining the momentum

    • 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

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347