Valuation reset drives mutual fund inflows into listed new-age firms amid FPI selloffMutual funds increased their stakes in new-age companies during the March quarter, despite falling share prices and overall portfolio value...
30 Apr, 2026, 06.00 AM IST
SBI Mutual Fund buys 2.4 lakh shares in Pine Labs, crosses 5% stakePine Labs, which listed on the exchanges in November last year, currently commands a market capitalisation of about $2.4 billion on the BSE...
26 Feb, 2026, 12.58 PM IST
Pine Labs reports Rs 6 crore net profit in Q2FY26 on 18% topline growthThe Gurugram-based payment firm’s operating revenue at the consolidated level jumped to Rs 650 crore, up 18% from Rs 551 crore a year back....
03 Dec, 2025, 07.34 PM IST
Global payment majors PayPal and Mastercard gain big post Pine Labs IPOGlobal payment giants PayPal and Mastercard have reaped significant returns from their investments in Indian digital payments firm Pine Lab...
14 Nov, 2025, 11.58 AM IST
Peak XV Partners, Temasek, PayPal, Mastercard among largest Pine Labs shareholders after IPOWhile Peak XV is the largest shareholder in Pine Labs with a stake of approximately 17%, the others each continue to hold anywhere between ...
14 Nov, 2025, 10.45 AM IST
Peak XV’s Pine Labs gains; Manipal group’s bid for Byju’s parentHappy Friday! Peak XV Partners is set to make big gains from Pine Labs’ public listing today. This and more in today’s ETtech Morning Dispa...
14 Nov, 2025, 07.20 AM IST
Pine Labs sets price band at Rs 210-221 per share for Rs 3,900 crore IPO. Check key dates, other detailsDigital payments firm Pine Labs has announced its Rs 3,900 crore IPO, with shares priced between Rs 210 and Rs 221. The issue opens Novembe...
03 Nov, 2025, 07.42 AM IST
IPO-bound Pine Labs to appoint Avendus’ Sameer Kamath as new CFOThis follows the exit of Marc Mathenz, the merchant payments company’s Singapore-based CFO, who resigned in June, just before it filed the ...
02 Jul, 2025, 06.00 AM IST
Decoding Pine Labs’ DRHP: Fintech aims to raise Rs 2,600 crore via an IPONoida-based Pine Labs has filed its DRHP with Sebi to raise Rs 2,600 crore, aiming for a $4-5 billion valuation. The fintech firm, backed b...
27 Jun, 2025, 01.34 PM IST
Pine Labs files for IPO with Rs 2,600 crore fresh issue; Peak XV, PayPal to pare stakesThe initial share sale will consist of a fresh issue of Rs 2,600 crore and an OFS of up to 147.8 million shares. The funds raised will be u...
27 Jun, 2025, 12.23 AM IST
Pine Labs files DRHP with Sebi for Rs 2,600 crore IPOPine Labs has submitted documents to SEBI for an initial public offering. The fintech firm aims to raise Rs 2,600 crore. Existing sharehold...
26 Jun, 2025, 05.14 PM IST
Fidelity cuts fair value of Meesho, Pine LabsAs per the filings, Fidelity's funds have set Meesho’s fair value at around $4.1 billion as of October 31, 2023, down from around $5 billio...
25 Jan, 2024, 11.40 AM IST
Pine Labs raises $285 million in new funding roundPine Labs says this is the “first close” of an ongoing funding round, wherein it’s seen raising a further $100 million. Pine Labs’ valuatio...
17 May, 2021, 09.31 AM IST
Naspers-PayU, Tencent eye stake in Pine LabsWhile Pine Labs does not have a high cash burn, the additional capital raised will help it expand in the lending space.
10 Oct, 2019, 08.43 AM IST
Pine Labs is in talks to buy Qwikcilver for over $100 mWhile founders are likely to stay, investors in the digital gift card company are expected to exit. The deal is likely to be a mix of cash ...
26 Feb, 2019, 09.10 AM IST
Pine Labs raises $125 million from Temasek and PayPal“We’re teaming up with Temasek and PayPal at a time when the Indian payments market is at an inflexion point,” said Lokvir Kapoor, Founder ...
01 Jun, 2018, 08.21 AM IST
Actis, Altimeter put $82 million in Pine Labs to grow rootsThough the company did not reveal the details around the split between the primary and the secondary component, its CEO Lokvir Kapoor said:...
13 Mar, 2018, 08.13 AM IST