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The company filed its DRHP on June 27, seeking to raise Rs 2,600 crore through a fresh issue of shares and an offer-for-sale ...
This follows the exit of Marc Mathenz, the merchant payments company’s Singapore-based CFO, who resigned in June, just before ...
While a large chunk of Pine Labs' business came from its digital infra platform, its issuing & acquiring platform has also ...
Every major fintech startup and even some not so major ones have launched overlapping models and even at its scale Pine Labs ...
Noida-based Pine Labs has filed its DRHP with Sebi to raise Rs 2,600 crore, aiming for a $4-5 billion valuation. The fintech ...
Pine Labs said that it may consider a pre-IPO placement of shares worth up to Rs 520 crore. The company will use portions of the IPO proceeds to invest in its subsidiaries and expand its presence ...
Pine Labs posted a revenue of 13.41 billion rupees in fiscal year 2024, up from 12.91 billion rupees in 2023, while its losses widened to 1.87 billion rupees from 562 million over the same period ...
Digital payments provider Pine Labs Ltd. filed for an initial public offering in India, as the government’s digitization push fuels a boom in the financial technology space.
Pine Labs plans to use Rs 870 crore from the IPO proceeds to repay debt, Rs 600 crore to invest in international subsidiaries, and Rs 760 crore to upgrade tech infrastructure, including cloud ...