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PINE LABS VALUATION
Institutional demand sparks surge in block deals as promoters book profitsPromoters and large shareholders are cashing in on a stock market rebound, offloading shares worth over ₹24,000 crore in May and June. This...
Kunal Shah named WhatsApp global CEO as Meta takes $900 million stake in CredMeta enters the cap table of fintech co-valued at $4.5 billion post-money; Miten Sampat is interim CEO. The funding comprises about $400 mi...
Peak XV, Nexus set for 7-9x returns from Turtlemint IPO share saleTurtlemint has set a price band of Rs 144-152 per share for its Rs 883 crore IPO, which opens on June 19. The IPO comprises a fresh issue o...
Pocket FM begins reverse flip talks; eyes potential India IPOAudio entertainment startup Pocket FM is reportedly in discussions to shift its holding structure back to India, signalling potential plans...
Startup investors cash out nearly Rs 18,000 crore after IPO lock-ins endTop global investors like SoftBank and KKR have cashed out nearly Rs 18,000 cr from new-age Indian companies post-listing. This marks a shi...
Sarvam’s unicorn raise; Big exits in new IPOsHappy Tuesday! Sarvam has vaulted into the unicorn club after a fresh funding round. This and more in today’s ETtech Morning Dispatch.
SoftBank snags Rs 2,873 crore from Lenskart stake sale, clocking 7x returnSVF II Lightbulb Cayman, a SoftBank affiliate, sold 5.65 crore shares, or 3.25%, in Lenskart for Rs 2,873 crore through a block deal on Wed...
Buy, Sell or Hold: Morgan Stanley maintains Equal-Weight on Pine Labs; retains buy on ONGCMorgan Stanley maintains a constructive outlook on select Indian largecap stocks in defence, energy, and fintech, citing strong growth pros...
Razorpay eyes omnichannel focus for offline push: sourcesOnline payments firm Razorpay has scaled back its offline expansion plans due to sluggish growth in the vertical. Following its Ezetap acqu...
New-age wealthtech startups Trackk, Zomint in talks to raise funding from Z47, Lightspeed, othersYoung Indian investors are attracting VC attention as Gen Z-focused wealthtech firms like Trackk and Zomint are in advanced talks to raise ...
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...
Our scale & financials justify an IPO: Pine Labs CEO Amrish RauPine Labs CEO Amrish Rau discussed the company’s IPO, growth, and future plans with ET. He highlighted consistent revenue growth, a tech-fo...
Pine Labs turns profitable in June quarter of FY26; revenue up 18% YoYPine Labs has achieved its first quarterly net profit of Rs 4.8 crore in the June quarter of FY26, fueled by robust operating revenue growt...
Fintech firm Pine Labs is targeting India IPO in second half of 2025, CEO saysPine Labs, whose main backer is venture capital firm Peak XV, offers full stack payment solutions including point-of-sale machines to merch...
Baron hikes Pine Labs valuation to $5.8 billion, Invesco marks it up to $4.8 billionBaron Funds and Invesco revised Pine Labs' valuation to $5.8 billion and $4.8 billion respectively. Fidelity later marked it down to $3 bil...
No window for IPO in current market situation: Pine Labs CEO Amrish RauAmrish Rau says investors want market storm to clear up before going for an IPO; eyes sales outpost in US, EU.
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 ...
Fintech startup Pine Labs to seek $500 million in US IPOPine Labs serves over 150,000 merchants in India, the Middle East and Southeast Asia. The company has expanded both organically and via acq...
IPO-bound Pine Labs raises $100 million from US investment fundThe new funding comes just months after it raised $600 million in two tranches from a host of global and domestic investors, which valued t...
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...