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PINE LABS SETU
Pine Labs acquires ecommerce enabler Shopflo for Rs 88 croreDigital payments major Pine Labs has acquired ecommerce enabler Shopflo Technologies for Rs 88 crore, aiming to strengthen its online merch...- 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...
- Pine Labs unit Setu receives RBI nod to acquire account aggregator Agya TechnologiesWith this nod, Setu can raise its stake to 100 in Agya Technologies, which till now operated as an associate company of Setu. The acquisiti...
- Pine Labs shares in focus as subsidiary launches India’s first agentic bill payment experience on ChatGPTPine Labs' Setu platform has launched an "agentic" bill-payment experience in India, aiming to automate bill tracking and settlement to red...
- Peak XV’s early Pine Labs bet lands over $1 billion in likely gainsAccording to two people in the know, the venture capital firm had invested around $35 million in total into Pine Labs and liquidated around...
- Pine Labs secures all three payment licences from RBIPine Labs has obtained all necessary regulatory licenses from the Reserve Bank of India. This includes approvals for offline payments, onli...
- Setu strengthens top deck with senior execs from Razorpay, PhonePe, WibmoPine Labs-owned fintech appoints Anand Raisinghani as CEO, brings in former leaders from Razorpay, Clear, and PhonePe across key roles.
- Pine Labs-owned Setu partners Axis Bank for UPI-focused payments platformPine Labs' Setu has launched UPISetu, a UPI-focused payments platform in collaboration with Axis Bank. The platform supports diverse paymen...
- Pine Labs-owned Setu teams up with Sarvam AI to build LLM for financial servicesPine Labs developed Sesame, a large language model for BFSI in India, with Setu and Sarvam AI. Sesame leverages financial data for credit u...
- Pine Labs' Setu names former SAP executive Anand Raisinghani new CEOAPI infrastructure company Setu, affiliated with merchant-focused digital payments firm Pine Labs, announced the appointment of Anand Raisi...
- Pine Labs launches new credit issuing stack for businessesCurrently, Credit+ has partnered with Mastercard and Visa, as it looks to launch other card network providers such as Amex and RuPay.
- Pine Labs acquires Saluto Wellness to bolster its rewards management playThe acquisition will allow Pine Labs to provide corporate enterprises and brand partners with reward workflow management capabilities for t...
- Setu gets in-principle RBI nod for account aggregator licencePine Labs acquired Setu in a cash-and-stock deal worth $70-75 million last month.
- Digital payments provider Pine Labs acquires API infra firm Setu for $70-75 millionPost the acquisition, Setu will work independently and retain its brand entity and continue to serve its existing merchants and Pine Labs w...
- Tata Motors probing Nexon EV fire; Pine Labs acquires SetuAfter a video showing a Nexon electric car on fire went viral on social media, Tata Motors said it has launched an investigation into the i...
- Pine Labs picks up majority stake in Mosambee, to bolster offline payments playWith the investment by Pine Labs, Mosambee is now valued at upwards of $100 million.
- Pine Labs raises $50 million from PE major Vitruvian Partners at a valuation of $5 billionLast month, it had closed a $150 million financing from Alpha Wave Global (previously Falcon Edge) which also included a secondary share sa...
- Pine Labs raises $150 million from Alpha WaveThe first tranche of $75 million from Alpha Wave has already been disbursed, regulatory filings by the company in Singapore show. The news ...
- Pine Labs sharpens focus on online merchants with Qfix acquisitionFor Amrish Rau-led Pine Labs, Qfix is the latest in a string of acquisitions ahead of its initial public offering (IPO) in the US. The fint...
- Pine Labs in talks to acquire API infrastructure startup SetuSetu’s technology stack is expected to help Pine Labs overhaul and refine its financial data infrastructure at a time when it is actively e...
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