India, Aug. 17 -- The Indian UPI market saw some shifts in the month of July even as the top ten players managed to retain their positions.

Prominently, Sachin Bansal-led Navi saw its market share further increasing to 4% in the month under review from 3.7% in June and 3.6% in May.

The fintech startup, which is eyeing to go public in the near future, recorded 94.7 Cr transactions worth Rs.48,318 Cr in the month of July, up 12% and 10% respectively from 84.3 Cr transactions worth Rs.43,948.6 Cr recorded in June.

Meanwhile, market leaders PhonePe and Google Pay continued to lose share marginally in the month as well. While their combined share slipped to 78.6%, PhonePe processed 1,085.8 Cr transactions worth Rs.14.4 Lakh Cr during the mo...