Never said we are deferring our IPO plans: Pine Labs CEO B Amrish Rau

'Central bank digital currency (CBDC) and Digital Rupee open up exciting opportunities and if implemented correctly'

At a time when a growing number of technology firms have halted their expansion plans, financial technology unicorn Pine Labs is making new bets and is in expansion mode, says B AMRISH RAU, chief executive officer of Pine Labs, in conversation with Peerzada Abrar. The Noida-based merchant commerce platform, valued at over $5 billion, is now accepting the digital rupee at its point-of-sale terminals. If implemented correctly, the digital rupee can accelerate the migration from paper-based currency to digital. Excerpts:

According to a media report, you are deferring initial public offering (IPO) plans.

I never said we are deferring or delaying