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Pine Labs

Pine Labs secures NCLT approval to merge domestic, Singapore entities

The development comes as the Singapore-based digital payments company is shifting its domicile back to India. The cost of the reverse flipping could not be ascertained

Pine Labs secures NCLT approval to merge domestic, Singapore entities
Updated On : 20 Aug 2024 | 12:04 AM IST

US investment firm Invesco reduces fair value of Pine Labs, Swiggy

Pine Labs plans $1 bn IPO in India after getting Singapore court's approval to shift base

US investment firm Invesco reduces fair value of Pine Labs, Swiggy
Updated On : 12 Jul 2024 | 10:44 AM IST

Invesco lowers fair value, cutting Swiggy and Pine Labs valuations

US-based investor Invesco valued its 28,844 shares in Swiggy at $219.2 million, implying a total valuation of $12.3 billion, down from $12.7 billion in January 2024

Invesco lowers fair value, cutting Swiggy and Pine Labs valuations
Updated On : 12 Jul 2024 | 10:37 AM IST

Pine Labs plans $1 billion IPO in India after shift from Singapore

The company may seek a valuation of more than $6 billion in an IPO, according to industry sources

Pine Labs plans $1 billion IPO in India after shift from Singapore
Updated On : 21 Jun 2024 | 11:16 PM IST

Mastercard-backed fintech firm Pine Labs weighs $1 bn IPO in India

The company may seek a valuation of more than $6 billion in an IPO, the people said, asking not to be identified because the matter is private

Mastercard-backed fintech firm Pine Labs weighs $1 bn IPO in India
Updated On : 21 Jun 2024 | 5:15 PM IST

Google Wallet partners with Pine Labs to help manage gift cards within app

This partnership comes nearly three weeks after Google announced the launch of its digital wallet application in India

Google Wallet partners with Pine Labs to help manage gift cards within app
Updated On : 30 May 2024 | 8:52 PM IST

Pine Labs gets approval from Singapore court to relocate base to India

Pine Labs' decision to shift domicile follows a broader trend among fintech firms like PhonePe and Groww, which have also moved their bases back to India

Pine Labs gets approval from Singapore court to relocate base to India
Updated On : 21 May 2024 | 11:48 AM IST

Fintech major BharatPe launches an 'all-in-one' payment acceptance device

The device enables transactions via different methods such as point-of-sale (PoS), quick response (QR) code, tap-and-pay and traditional card payment options such as debit and credit cards

Fintech major BharatPe launches an 'all-in-one' payment acceptance device
Updated On : 23 Apr 2024 | 7:10 PM IST

Pine Labs' Setu names former SAP India executive Raisinghani as its CEO

He will work closely with Setu's co-founder Nikhil Kumar, the company said in a release

Pine Labs' Setu names former SAP India executive Raisinghani as its CEO
Updated On : 22 Apr 2024 | 6:44 PM IST

Zoho launches PoS solution called Zakya for small, medium enterprises

Digital service priced at Rs 649 per month helps in inventory management, omnichannel sales and other back-office tasks

Zoho launches PoS solution called Zakya for small, medium enterprises
Updated On : 27 Feb 2024 | 3:21 PM IST

Fidelity reduces valuations of Meesho, Pine Labs as of October 2023

In September 2021, Fidelity led a $570 million round in Meesho along with B Capital Group, a venture capital firm co-founded by Facebook Co-Founder Eduardo Luiz Saverin

Fidelity reduces valuations of Meesho, Pine Labs as of October 2023
Updated On : 25 Jan 2024 | 12:25 AM IST

USA's Neuberger Berman slashes valuation of India's Pine Labs, PharmEasy

Fintech firm's valuation cut by 38% and online pharmacy's by 21% as start-up investors battle macroeconomic uncertainties

USA's Neuberger Berman slashes valuation of India's Pine Labs, PharmEasy
Updated On : 12 May 2023 | 1:15 PM IST

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'

Never said we are deferring our IPO plans: Pine Labs CEO B Amrish Rau
Updated On : 07 May 2023 | 11:49 PM IST

Pine Labs partners ICICI Bank to enable Digital Rupee on PoS terminals

Digital Rupee opens up exciting opportunities and if implemented correctly, it can accelerate the migration from paper-based currency to digital, said Pine Labs CEO B Amrish Rau

Pine Labs partners ICICI Bank to enable Digital Rupee on PoS terminals
Updated On : 03 May 2023 | 8:21 AM IST

Pine Labs acquires enterprise platform from Saluto Wellness for unknown sum

The deal would help Pine Labs strengthen its offerings across employee rewards and recognition, customer loyalty, and channel partner programmes for medium and large enterprises

Pine Labs acquires enterprise platform from Saluto Wellness for unknown sum
Updated On : 23 Jan 2023 | 6:19 PM IST

Indian startups need to deliver good profits in 3-5 yrs: Accel's Prakash

The top venture capitalist also predicted that at least 25 Indian unicorns will go for IPO in the next 3-5 years

Indian startups need to deliver good profits in 3-5 yrs: Accel's Prakash
Updated On : 16 Nov 2022 | 10:50 PM IST

A Rs 5,000 cr opportunity: Hinterland is Pine Labs' BNPL money-spinner

These include products like smartphones, wearables, large appliances, smart televisions, and washing machines

A Rs 5,000 cr opportunity: Hinterland is Pine Labs' BNPL money-spinner
Updated On : 10 Nov 2022 | 1:16 AM IST

Infibeam Avenues gets RBI in-principle nod for payment aggregator licence

The RBI allowed another window to PAs existing as of March 2020 to apply to the central bank for a license

Infibeam Avenues gets RBI in-principle nod for payment aggregator licence
Updated On : 27 Oct 2022 | 11:54 PM IST

Pine Labs sees huge demand for its buy-now-pay-later service in hinterlands

The fintech unicorn expects to process BNPL transactions worth Rs 5,000 crore this month as an increasing number of customers in small towns are buying products on EMI this festive season

Pine Labs sees huge demand for its buy-now-pay-later service in hinterlands
Updated On : 25 Oct 2022 | 12:32 PM IST

Beyond the swipe: The ubiquitous PoS machine will soon become intelligent

Deployers of point-of-sale terminals are rethinking the way business is done

Beyond the swipe: The ubiquitous PoS machine will soon become intelligent
Updated On : 09 Oct 2022 | 5:36 PM IST