Education: Tier 4
Years of Experience: 5.5
Prior Experience: Product firm
Current TC = 18L

Company: Azuga
Title/Level: Senior Software Engineer
Location: Bangalore
Base Salary: 32L
Relocation/Signing Bonus: 0
Stock bonus: 0
Bonus:0
Total comp (Salary + Bonus + Stock): 32L
Benefits: Medical 5L

My current company is readay to retain me and match the numbers.
What are your thoughts on this?

Also have a competing offer.
Competing Offer : Walmart SE III