| Date | Title | Description |
| 12.09.2026 | ESDS Soars 92% To Lead New-Age Tech Stocks This Week, MDR Hopes Lift Fintechs | SUMMARY
ESDS Software surged 91.7% this week, while fintech stocks such as Pine Labs and Paytm rallied on hopes of MDR being introduced on certain UPI transactions.
The gains reflected investor appetite for AI infrastructure and fintech mon... |
| 11.09.2026 | Fintech Stocks Rally On Report Of 40 Basis Point MDR On UPI, Paytm Touches 52-Week High | SUMMARY
Pine Labs’ stock surged 16.9%, Mobikwik gained over 8%, AvenuesAI jumped 6.1%, and Paytm’s stock gained 3.9% after reports suggesting that MDR fees on UPI transactions could soon be notified
The proposal could unlock a revenue strea... |
| 03.09.2026 | India's Pine Labs names Jayaram Karthik as COO to drive global operations | Noida-based fintech company Pine Labs Ltd. has appointed Jayaram Karthik as its chief operations officer (COO), putting him in charge of operations and merchant experiences across India and international markets.
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The company sa... |
| 03.09.2026 | Alternative asset manager Alpha Wave sells nearly its entire Pine Labs stake for Rs 550 crore | Alpha Wave Ventures II LP has sold nearly its entire stake in Indian fintech company Pine Labs through a block deal worth about Rs 550 crore.
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The investor sold 35,456,317 shares on 2 September at Rs 155.10 each, exchange data s... |
| 02.09.2026 | Alpha Wave Sells Pine Labs Stake Worth ₹550 Cr | SUMMARY
Alpha Wave sold nearly all of its 3.1% stake in Pine Labs, minting ₹550 Cr, leaving it with just 4.9 Lakh shares
The global investment firm has been on a selling spree of late. It exited Aye Finance and sold over ₹1,856 Cr of Lenska... |
| 01.09.2026 | NPCI To Launch Agentic Payments On UPI: Report | SUMMARY
NPCI plans to launch the ‘Unified Agent Protocol’ next week at the Global Fintech Fest in Mumbai
The protocol would allow AI agents to execute UPI payments without the user having to manually approve each transaction, utilising the ... |
| 08.08.2026 | [Update] Now, Finance Ministry Rules Out Consumer UPI Charges Amid MDR Debate | SUMMARY
The Payments Council of India (PCI) clarified that UPI will remain free for consumers, while small merchants will continue to be protected from MDR charges
The clarification comes as the government moves to enable MDR on select busi... |
| 04.08.2026 | India paves way for return of merchant fees on digital payments | NEW DELHI: India has moved a step closer to reintroducing merchant fees on transactions made through its popular Unified Payments Interface (UPI) after proposed changes to the country's payments laws were introduced in parliament on Tuesday... |
| 28.07.2026 | India's Pine Labs profit jumps four-fold as digital payments adoption increases | July 28 : Indian fintech firm Pine Labs on Tuesday posted a more than four-fold increase in first-quarter profit, driven by increased adoption of digital payments and the underlying infrastructure in the country.
• The company's consolidate... |
| 16.07.2026 | Pine Labs backer Vitruvian Partners in talks for stake in local pharma firm | Premium
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Global investment firm Vitruvian Partners is in advanced stage of talks to invest in domestic formulations manufacturer......
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| 11.07.2026 | New-Age Tech Stocks: MapmyIndia, PhysicsWallah Zoom; Ola Electric, Pine Labs Slip | SUMMARY
While 29 of the 57 new-age tech companies gained in a range of 0.24% to over 15%, 27 companies fell in a range of 0.37% to 9.11%
Nine stocks – RateGain, Shadowfax, Lenskart, Honasa Consumer, Delhivery, Kissht, Aequs, Nykaa, Ather En... |
| 07.07.2026 | PhonePe Insurance CEO Vishal Gupta resigns to launch a startup; says 'Will always remain a PhonePe-r' | Vishal Gupta has stepped down as CEO of PhonePe Insurance Broking Services to launch a new startup being built in stealth.
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Gupta announced his departure in a LinkedIn post, saying the move was the “natural next step” after year... |
| 24.06.2026 | Meta Revamps WhatsApp Leadership, Fuels Indian Fintech Growth | Meta appointed Kunal Shah, Cred's founder, as WhatsApp's global head. This move follows a $900 million investment in Shah's Indian fintech startup, valuing Cred at $4.5 billion. Will Cathcart, the former WhatsApp head, transitions to Meta's... |
| 23.06.2026 | Kunal Shah is WhatsApp CEO as Meta leads $900 million financing in Cred | Synopsis
Meta enters the cap table of fintech co-valued at $4.5 billion post-money; Miten Sampat is interim CEO. The funding comprises about $400 million in secondary sale of shares by existing shareholders, while the remaining $500 million... |
| 19.06.2026 | Actis Offloads Pine Labs Shares Worth ₹152 Cr | SUMMARY
UK based private equity firm Actis has offloaded 98.28 Lakh Cr shares of fintech major Pine Labs via a block deal worth ₹151.6 Cr
The firm, via its holding entity Actis Pine Labs Investment Holdings, sold the shares at ₹154.25 apiec... |
| 27.05.2026 | Altimeter Capital Partially Exits Pine Labs Via ₹211 Cr Block Deal | SUMMARY
As per BSE data, the VC firm, via its holding entity Altimeter Growth Partners Fun III LP, sold the shares at ₹135.21 apiece
The shares were lapped up by SBI Mutual Fund and Nippon India Mutual Fund
On May 22, Pine Labs' early backe... |
| 23.05.2026 | New-Age Tech Stocks See Mixed Week; Kissht, Honasa Among Top Gainers | SUMMARY
While thirty one out of the 57 new-age tech stocks under Inc42’s coverage gained in a range of 0.11% to close to 18% this week, 26 stocks fell in a range of 0.01% to over 15%
Shares of Honasa Consumer, Shadowfax, Kissht and SEDEMAC ... |
| 22.05.2026 | Madison India Capital Partially Exits Pine Labs Via ₹357 Cr Block Deal | SUMMARY
As per NSE data, the PE firm, via its Madison India Opportunities IV fund, sold the shares at ₹144 apiece to rake in the amount
The shares that flooded the market were lapped up by Franklin Templeton, HSBC Mutual Fund, ICICI Prudent... |
| 08.05.2026 | MSI Launches 'Back to School – May Promotions' with Exclusive Channel Offers and Student-Focused Benefits | New Delhi, Delhi, India
1-year extended warranty worth INR 4,999 across select models via offline and Flipkart channels
Flexible EMI options up to 24 months via Bajaj Finserv, ShopSe & PineLabs
Exclusive backpack bundle with select mode... |
| 25.04.2026 | Pine Labs Acquires Tiger Global-Backed Shopflo For ₹88 Cr | SUMMARY
The acquisition was structured as an all-cash deal, with the acquisition amount expected to be disbursed in multiple tranches
The online checkout optimisation platform will allow Pine Labs to increase its presence in the ecommerce a... |
| 22.04.2026 | Kabeer Biswasâs concierge startup 'M' raises Rs 102 crore from Peak XV, Blume, Cred | Synopsis
Kabeer Biswas, Dunzo cofounder, has launched a new AI concierge startup named M. The company secured Rs 102 crore in funding from Peak XV Partners, Blume Ventures, and Cred. M aims to automate household tasks using artificial intel... |
| 17.04.2026 | MSI Kicks Off 'Back to School 2026' Season with Exclusive Channel Offers and Student Focused Benefits | New Delhi, Delhi, India
1-year extended warranty across select models available via offline channels
Flexible EMI options up to 24 months across leading financing partners
Special INR 500 discount on MSI backpack for added value
MSI, a glob... |
| 07.04.2026 | CRED sharpens wealth play with Kuvera upgrade | - |
| 28.03.2026 | RBI Slaps Penalty On Pine Labs For Violating PPI Guidelines | SUMMARY
The RBI has imposed a penalty of ₹3.1 Lakh on Pine Labs for failing to comply with guidelines related to prepaid payment instruments (PPIs)
The central bank, in a statement, said it found Pine Labs in violation of PPI norms by issui... |
| 24.03.2026 | Fintech Unicorns: How Over 300 Companies Achieved Billion-Dollar Valuations | Share
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More than 300 fintech companies worldwide have reached valuations of $1 billion or more’ Global Unicorn Tracker. In 2015, there were fewer than 20 fintech unicorns. The number tripled between 2019 and 2021 alon... |
| 02.03.2026 | Pine Labs to launch stablecoin payments outside India, CEO says | - |
| 28.02.2026 | New-Age Tech Stocks Bleed $16 Bn This Week Amid Market Volatility | SUMMARY
Share prices of 39 of the 54 new-age tech companies fell in a range of 0.38% to over 24% this week
The total market cap of the 54 new-age tech companies declined $15.9 Bn to end the week at $127.3 Bn from $143.2 Bn last week
10 comp... |
| 21.02.2026 | Peak XV Partners Secures $1.3 Billion for India, APAC Tech Dominance | Peak XV Partners raised $1.3 billion for new India Seed, India Venture, and APAC funds. This monumental fundraise is its first since splitting from Sequoia Capital in 2023. The firm targets high-growth startups across India and the Asia-Pac... |
| 20.02.2026 | Peak XV Partners raises $1.3 billion for first independent India fund post Sequoia split | Synopsis
The new vehicle â ninth for the outfit since its launch in 2006 in India â will be almost half the size of its previous fund. The investment firm, which has backed the likes of Zomato, Meesho, Groww and Razorpay, has raised nea... |
| 12.02.2026 | Fundamentum, Nandan Nilekani's venture fund, targets more fintech investments as ecosystem matures | - |
| 28.01.2026 | Indian fintech firm Pine Labs posts quarterly profit on strong digital payments demand | Jan 28 : Indian fintech firm Pine Labs reported a third straight quarterly profit on Wednesday, supported by strong demand as more users shift to digital payments.
The company reported a profit of 423.9 million rupees ($4.6 million) for the... |
| 26.01.2026 | Pine Labs To Build Acquiring Infra For UAE-Based Wio Bank | SUMMARY
Pine Labs said that the infrastructure will enable faster merchant onboarding, real-time settlement capabilities and multi-mode payment acceptance for Wio Bank
Under the partnership, Wio Bank will deploy Pine Labs’ issuing and acqui... |
| 17.01.2026 | Groww, ArisInfra Shine Amid Bearish Week For New-Age Tech Stocks | SUMMARY
During January 12-16, 33 of the 50 new-age tech stocks under Inc42’s coverage declined in a range of 0.59% to about 10%
Eight companies – Pine Labs, EaseMyTrip, Tracxn, FirstCry, Zappfresh, Awfis, BlueStone and MapmyIndia – touched ... |
| 06.01.2026 | Zepto rolls out in-app UPI as delivery platforms bring payments in-house | - |
| 29.12.2025 | Banks will continue to face competition from non-bank sources: RBI report | - |
| 25.12.2025 | Startups turn concierges as India’s affluent are ready to pay to have life play to their tune | - |
| 24.12.2025 | From spa days to art workshops, more shoppers choose experience-based gifts this Christmas | Listen
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SINGAPORE: Spa treatments, creative workshops and fitness classes are among the gifts gaining popularity this Christmas, as more shoppers rethink what ... |
| 12.12.2025 | India Fintech Forum Flagship Event IFTA Focused on BFSI Concludes its 10th Edition; Launches Mentorship Program Mentor Chronicles | Mumbai, Maharashtra, India
Digital mentorship program is aimed at early stage founders to handhold them in navigating product, compliance and market challenges
The program will create an indexed library of recurring founder challenges and p... |
| 03.12.2025 | Pine Labs Retains Profitability In Q2, Posts INR 6 Cr PAT | SUMMARY
While it reported a net loss of INR 32 Cr in the year-ago quarter, the company's profit rose 25% QoQ from INR 4.8 Cr in Q1 FY26
Operating revenue jumped 18% YoY and 6% QoQ to INR 649.9 Cr during the quarter under review
Total expens... |
| 01.12.2025 | Peak XV set for another multibagger as portfolio firm eyes over $700 mn valuation | Pro
Shailendra Singh, managing director, Peak XV Partners
Domestic venture capital firm Peak XV Partners, which has recently recorded big-scale outcomes from trading platform Groww and digital payments company Pine Labs, is set to clock ano... |
| 15.11.2025 | New-Age Tech Stocks See Mixed Week Amid Q2 Earnings, Yatra & IndiQube Biggest Gainers | SUMMARY
20 of the 42 companies gained in a range of 0.03% to close to 30%, 22 companies saw a decline in their share prices in a range of 0.07% to close 10%
With the addition of Groww, Pine Labs and Lenskart to the bourses this week, the to... |
| 14.11.2025 | India's Pine Labs jumps 29%, overcoming valuation jitters in red-hot IPO market | BENGALURU -India's Pine Labs soared in its trading debut on Friday, valuing the company at 320.27 billion rupees ($3.64 billion), as strong growth prospects for the payment solutions company trumped valuation worries in a sizzling IPO marke... |
| 12.11.2025 | Pine Labs Receives Three Key RBI Payment Licences Ahead Of IPO | SUMMARY
Pine Labs has secured all three key payment licences from the Reserve Bank of India (RBI), allowing it to operate across the full range of digital payment services in the country
These licences will enable Pine Labs to process domes... |
| 11.11.2025 | [Update] Pine Labs IPO Closes With 2.5X Oversubscription | SUMMARY
Pine Labs’ public issue received bids for 24.09 Cr shares against 9.78 Cr shares available for subscription
The employees’ category saw the highest subscription at 7.35X. They placed bids for 9.72 Lakh shares against 1.32 Lakh share... |
| 11.11.2025 | Indian fintech firm Pine Labs' $440 million IPO subscribed on final day | Indian fintech firm Pine Labs' $440 million IPO was fully subscribed on the final day of bidding on Tuesday, even as concerns over profitability and valuations kept some investors at bay.
The share sale happened in the middle of a wave of l... |
| 11.11.2025 | Pine Labs debuts with 10% listing pop | - |
| 07.11.2025 | [Update] Pine Labs IPO: Issue Subscribed 13% On Day 1 | SUMMARY
The employee quota saw the highest enthusiasm on Day 1 and was subscribed 2.96X, receiving bids for 3.92 Lakh shares against 1.32 Lakh shares reserved
Retail individual investors’ quota was subscribed 54%, getting bids for 98.66 Lak... |
| 03.11.2025 | Alpha Wave, Vitruvian, Lightspeed, Invesco stare at loss in Pine Labs IPO, gets tough reality check | Pro
Amrish Rau, CEO, Pine Labs
Alpha Wave Ventures, jointly managed by Abu Dhabi-based investment firm Chimera Capital Ltd and Alpha Wave Global, and global investment firm Invesco are likely staring at losses on their investment in digital... |
| 03.11.2025 | Pine Labs’ early investors set to bag stellar gains from IPO | - |
| 03.11.2025 | Pine Labs IPO to Open this Friday, Expert Suggests Strong Institutional Investor Participation Existing investors such as PayPal, Mastercard, Actis Pine Labs Investment Holdings, and Peak XV Partners ... | Pine Labs- the Noida-based fintech company will launch its initial public offering (IPO), on 7 November 2025, with the company aiming to raise close to INR 3,899.91 crore. The IPO has been set at INR 210-221 per share, taking its valuation ... |
| 03.11.2025 | Pine Labs IPO: Price Band Set At INR 210-221 | SUMMARY
At the upper end of the price band, the IPO values Pine Labs at INR 25,377 Cr (about $2.9 Bn)
Pine Labs INR 3,900 Cr IPO would comprise a fresh issue of INR 2,080 Cr, with the remaining amount being OFS
The company’s P/E ratio at IN... |
| 01.11.2025 | IPO-Bound Pine Labs Turns Profitable In Q1 FY26 On Tax Credit | SUMMARY
Pine Labs reported a net profit of INR 4.8 Cr in the June quarter as against a loss of INR 27.9 Cr in the same period last fiscal
Its revenue from operations surged almost 18% to INR 615.9 Cr in Q1 FY26
The company’s total expenses ... |
| 01.11.2025 | Pine Labs IPO To Open On Nov 7, Cuts Issue Size | SUMMARY
Pine Labs has filed its RHP for its IPO which will comprise a fresh issue of up to INR 2,080 Cr and an OFS of up to 8.23 Cr shares
The IPO will open on November 7 and close on November 11. Anchor bidding will take place on November ... |
| 22.10.2025 | Shadowfax Receives SEBI Approval for INR 2,500 Cr IPO The approval follows nearly three months after the company filed its draft red herring prospectus through the confidential route. | Bengaluru-based logistics startup Shadowfax has secured approval from the Securities and Exchange Board of India (SEBI) to proceed with its INR 2,500 crore initial public offering.
The development was confirmed in SEBI's "Processing St... |
| 22.10.2025 | Easebuzz’s FY25 Profit Zooms To INR 19 Cr, Revenue Surpasses INR 600 Cr | SUMMARY
Payment solution startup Easebuzz posted a net profit of INR 18.8 Cr in FY25, a 46X YoY jump from the previous year
The Pune-based startup increased its top line by 2.3X to INR 656 Cr in the year under review from INR 289.2 Cr in FY... |
| 14.10.2025 | Emkay calls Paytm’s leadership in merchant payments a challenge to Pine Labs | - |
| 07.10.2025 | Wakefit Innovations Secures SEBI Nod for IPO The public issue will include a fresh equity sale worth INR 468.2 crore and an offer for sale of 5.84 crore shares by promoters and existing investors. | Home and sleep solutions company Wakefit Innovations has received approval from the Securities and Exchange Board of India to launch its initial public offering (IPO).
The public issue will include a fresh equity sale worth INR 468.2 crore ... |
| 04.10.2025 | Lenskart Secures SEBI Approval for Public Market Debut The DRHP identifies SoftBank as its largest external investor with a 15.04 percent holding, followed by the Abu Dhabi Investment Authority with 1... | Omnichannel eyewear retailer Lenskart has received clearance from the Securities and Exchange Board of India (SEBI) to launch its initial public offering (IPO), according to a report by Moneycontrol.
The company's draft red herring prospect... |
| 30.09.2025 | Vitruvian Partners picks up stake in Hiranandani Financial | Hiranandani Financial founder Harsh Hiranandani | Credit: House of Hiranandani
Indian non-bank lender Hiranandani Financial Services Pvt Ltd said Tuesday it has raised Rs 800 crore ($91.5 million) from London-headquartered private equity fi... |
| 19.09.2025 | Grapevine: Blackstone, Dorf Ketal, India Quotient, others in news | Premium
Credit: 123RF.com
Blackstone is in advanced talks to acquire the India operations of renewable energy firm Zelestra, and Mumbai-based Dorf Ketal is negotiating its largest-ever acquisition, of Italy’s Italmatch Chemicals, from Bain ... |
| 18.09.2025 | Pine Labs Eyes October Listing, To Trim IPO Size To $700 Mn | SUMMARY
Pine Labs is mulling trimming its IPO size by 30% as exiting investors are looking to cut back on OFS component
The fintech major filed its DRHP in June for an IPO, which will comprise a fresh issue of shares worth INR 2,600 Cr and ... |
| 15.09.2025 | InCred Seeks Shareholders’ Nod For Fresh Issue Of INR 1,500 Cr In IPO | SUMMARY
According to the company’s resolution, InCred may also undertake a pre-IPO placement of up to INR 300 Cr
The company may file its DRHP via the confidential route to get its shares listed on the BSE and the NSE
InCred has joined the ... |
| 15.09.2025 | Pine Labs Gets SEBI Nod For Its Public Listing | SUMMARY
The markets regulator issued observations to the fintech company on Thursday (September 11), as per the updates on SEBI website
Pine Lab's IPO comprises a fresh issue of shares worth up to INR 2,600 Cr ($304 Mn) and an offer for sal... |
| 15.09.2025 | India's markets regulator approves Pine Labs' IPO | India's markets regulator has approved the initial public offering of fintech firm Pine Labs, a document on its website showed on Monday.
The IPO could be worth $1 billion and the company, which competes with Paytm and Walmart's PhonePe, is... |
| 08.08.2025 | Pine Labs Appoints Sameer Kamath as CFO Ahead of Planned IPO Kamath will lead the company's global finance strategy, oversee accounting functions, and manage investor relations. | Pine Labs has announced the appointment of Sameer Kamath as its new Chief Financial Officer, marking a strategic move as the fintech firm gears up for a public listing.
Kamath will lead the company's global finance strategy, oversee account... |
| 07.08.2025 | IPO-Bound Pine Labs Onboards Former Avendus Exec Sameer Kamath As CFO | SUMMARY
Kamath will be responsible for building global finance strategy, accounting and maintaining investor relations across the Pine Labs group
Prior to this, he served as the group CFO at Avendus Capital and Motilal Oswal Financial Servi... |
| 07.08.2025 | Pine Labs appoints Sameer Kamath as CFO ahead of $1 billion IPO | - |
| 01.08.2025 | Passprt Trips raises $500K Pre-seed funding from Aroa Venture Partners | Aroa Venture Partners is leading a pre-seed investment round for travel firm Passprt Trips, which has garnered $500K.
Over the next three months, the company plans to expand to 20 destinations in the Middle East and Asia, improve its produc... |
| 28.07.2025 | Grapevine: Kenro Capital, KKR, Nexus Venture Partners, ADQ, Java Capital in news | Premium
Amrish Rau, CEO, Pine Labs
Kenro Capital eyes investment in Pine Labs, while KKR-backed Leap India prepares for an IPO which will give KKR a partial exit and Nexus Venture Partners is set to offload its stake in Zolostays. Meanwhile... |
| 25.07.2025 | Pine Lab’s Setu Bulks Up Leadership, Ropes In Ex-Razorpay Executive As CTO | SUMMARY
The company has strengthened its leadership team with a host of appointments from fintech majors, including Razorpay, PhonePe and Wibmo
Founded in 2018 by Sahil Kini and Nikhil Kumar, Setu is an application programming interface (AP... |
| 18.07.2025 | Startup Policy Forum Launches Centre to Support IPO-Bound Startups With nearly 40 startups valued at over USD 90 billion poised to go public in the coming years, CNPC aims to bridge gaps in regulatory... | The Startup Policy Forum (SPF), an alliance of over 50 emerging Indian companies, has launched the Centre for New-Age Public Companies (CNPC) to assist startups preparing for public listing. The initiative was unveiled during a high-level m... |
| 08.07.2025 | India Shines at Skal Asia Congress as Dr. Mukesh Batra Receives Dual Accolades for Tourism Excellence | India’s growing stature in the global tourism landscape was prominently highlighted at the 54th Skal Asia Congress held recently in Colombo, Sri Lanka. Dr. Mukesh Batra, Padma Shri awardee and President of Skal International South Mumbai, w... |
| 05.07.2025 | Single.id Wins Big at the BW Festival of Fintech 2025 | Mumbai, Maharashtra, India
Single.id, the innovative cross-reward program identifier operated by Enigmatic Smile has won two awards — ‘Customer Experience Solution’ and ‘Fintech Innovation of the Year’ at the recently concluded 5th edition ... |
| 02.07.2025 | Venture capital funding inches up to $4.9 billion in H1 2025 | Synopsis
âAccording to the data, ecommerce drew the most investmentâabout $1.3 billionâin the first six months, followed by fintech with $1 billion. Other sectors that raised significant capital include enterprise software, deeptech a... |
| 02.07.2025 | Pine Labs To Appoint Avendus Capital’s Sameer Kamath As CFO | SUMMARY
Kamath is currently the Group CFO at Mumbai-based investment bank Avendus Capital and brings over two decades of experience in the financial services sector
His previous roles include senior stints at Motilal Oswal Financial Service... |
| 27.06.2025 | Pine Labs DRHP: A Look At The Shareholding Pattern & Top Leaders | SUMMARY
Peak XV Partners Pine Investment Holdings topped the shareholding chart with a 20.35% stake
Singapore-based Macritchie Investments held 7.10%, followed by PayPal (6%) and Actis Pine Labs Investment Holdings (5.78%)
Pine Labs' CEO B.... |
| 27.06.2025 | Pine Labs posts ₹26.1 crore in profit in 9MFY25 | - |
| 26.06.2025 | The Evolving Landscape of Financial Compliance and Fintech Innovation | In the world of finance, change is the only constant. The recent moves by Grant Thornton and Pine Labs illustrate this truth vividly. Both firms are navigating the turbulent waters of compliance and innovation, each in their unique way. Gra... |
| 26.06.2025 | Peak XV, Madison eye multibagger returns as Pine Labs files for IPO | Pro
Amrish Rau, CEO, Pine Labs
Peak XV Partners, one of the biggest and most active venture capital firms in India, and private equity firm Madison India Capital, which floated its fifth fund in the country in 2023, are among the alternativ... |
| 26.06.2025 | Fintech firm Pine Labs seeks up to $6 billion valuation in India IPO, source says | Indian fintech firm Pine Labs' [PINL.NS] initial public offering could be worth about $1 billion and the company is seeking a valuation of up to $6 billion, a source familiar with the matter said on Thursday.
Pine Labs is looking to issue f... |
| 26.06.2025 | Fintech firm Pine Labs seeks to raise $304 million in India IPO | Indian fintech firm Pine Labs [PINL.NS] has filed for an initial public offering and is seeking to raise 26 billion rupees ($304 million) by issuing fresh shares, draft papers showed on Thursday.
Existing investors, including Peak XV, PayPa... |
| 18.06.2025 | Pine Labs: A New Chapter in India's Fintech Landscape | Pine Labs is on the brink of a significant transformation. The Noida-based payments and lending platform is gearing up to file its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (Sebi) by the end of June... |
| 16.06.2025 | [Weekly funding roundup June 7-14] Indian startups see marginal rise in VC inflow | Indian startups saw increased venture capital funding activity in the second week of June, although the overall momentum remained subdued, given the volatile global macroeconomic environment.
Startups clocked a total funding of $299 million... |
| 12.06.2025 | Pine Labs To File DRHP For Up To $700 Mn IPO By June-End | SUMMARY
Pine Labs is looking to raise INR 5,000 Cr to INR 6,000 Cr via its IPO at a likely valuation of $4 Bn to $5 Bn
Ahead of its market debut, Pine Labs’ group chief financial officer (CFO) Marc Mathenz has tendered his resignation from ... |
| 12.06.2025 | Pine Labs to File IPO Papers with Sebi by June-End, Eyes INR 6,000 Crore Raise According to people familiar with the matter, the company has mandated Axis Capital, JP Morgan, Morgan Stanley, Citi, and... | Payments and lending platform Pine Labs is preparing to file its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (Sebi) by the end of June, according to a report by The Economic Times. The Noida-based com... |
| 11.06.2025 | Pine Labs to file DRHP with market regulator; group CFO resigns | - |
| 01.06.2025 | Flipkart's Grocery Gamble: A New Frontier in E-Commerce | Flipkart, the Indian e-commerce giant, is making waves in the online grocery sector. With plans to invest $264 million in its grocery arm, Flipkart Supermart, the company is positioning itself to capture a slice of a burgeoning market. This... |
| 29.05.2025 | Flipkart Internet Secures USD 262 Mn in Fresh Internal Funding from Parent Entity The funding comes amid Flipkart's plans to shift its domicile from Singapore to India and prepare for a much-anticipat... | Flipkart Internet (India), the marketplace arm of Walmart-owned Flipkart, has secured USD 262 million (approximately INR 2,225 crore) in fresh internal funding from its Singapore-based parent, according to filings sourced by Entrackr.
This ... |
| 21.05.2025 | Pine Labs Converts Into Public Entity In Run-Up To IPO | SUMMARY
The fintech unicorn received shareholders’ nod on May 16 to change its name to ‘Pine Labs Limited’ from ‘Pine Labs Private Limited’ previously
In preparation for its IPO, Pine Labs has also appointed Amrita Gangotra and Smita Chandr... |
| 03.05.2025 | 60/40 Podcast: Amrish Rau on steering Pine Labs to its IPO | Insights
This article was written by a TIA community member. Insights pieces undergo the same rigorous editorial process that newsroom-produced articles have.
Maria Li · 5 May 2025 · 1 min read60/40 Podcast: Amrish Rau on steering Pine Labs... |
| 25.04.2025 | The Hidden Costs of Entrepreneurship: What Every Business Owner Should Know | Starting a business is like stepping into a vast ocean. The excitement is palpable, but beneath the surface lurk hidden dangers. Entrepreneurs often focus on the visible waves—rent, payroll, and marketing. Yet, it’s the unseen currents that... |
| 24.04.2025 | Pine Labs Elevates CEO Amrish Rau as Chairman and Managing Director Ahead of IPO Plans Rau's five-year term as director begins March 24, 2025; he will continue as CEO of the Peak XV-backed fintech, pe... | Merchant commerce and payments platform Pine Labs has elevated its Chief Executive Officer, Amrish Rau, to the dual role of Chairman and Managing Director, marking a significant leadership consolidation as the company gears up for its much-... |
| 24.04.2025 | Pine Labs Elevates CEO Amrish Rau To MD & Chairman Ahead Of IPO | SUMMARY
Pine Labs said that its board has accorded to designate and appoint Bairavarasu Amrish Rau, additional director of the company, as MD and chairman for the period of 5 years
Rau was the chief executive of PayU India before joining Pi... |
| 22.04.2025 | Walmart-backed Flipkart to shift base back to India from Singapore | Flipkart will shift its holding company from Singapore to India, the e-commerce company said on Tuesday, as its parent Walmart aims to take the 17-year-old company public.
Many Indian startups that once chose to be based abroad for better a... |
| 16.04.2025 | DLF Camellias in spotlight for the wrong reason as SEBI probes Gensol fund diversion | A worker installs power lines inside a DLF residential project in Gurugram. | Credit: Reuters/Amit Dave
The Camellias, an ultra-luxury project of real estate developer DLF Ltd in Gurugram that has made headlines for the past many months as ... |
| 10.04.2025 | Pine Labs Gets Final NCLT Nod For Reverse Flipping To India | SUMMARY
As a result, shares in Pine Labs will be issued to existing shareholders of the Singapore entity
A company spokesperson said that the alignment is aimed at enhancing operational efficiency and supports its long-term vision of delive... |
| 11.03.2025 | Pine Labs partners with Visa to provide Visa Instalment Solutions to merchants across key markets in Southeast Asia | SINGAPORE, March 11, 2025 /PRNewswire/ -- Pine Labs, a fintech platform, has announced a partnership with Visa (NYSE: V) to introduce Visa Instalment Solutions (VIS) on Pine Labs' multi-issuer payment solution across key markets in Southeas... |
| 21.01.2025 | Razorpay, Cashfree To Discontinue Partnership With Juspay | SUMMARY
Razorpay said it will pause all integrations with third-party payment orchestration platforms and offer payment gateway services to its customers through direct integrations
However, digital payments solutions provider Pine Labs app... |
| 13.01.2025 | Zepto gets NCLT nod for reverse flipping ahead of its IPO this year | Quick commerce major Zepto has received the nod for its reverse flip to India from Singapore, from National Company Law Tribunal (NLCT) Mumbai.
KiranaKart Technologies can proceed with its decision to become the holding company of Zepto, wi... |
| 05.12.2024 | Shweta Rajpal Kohli Launches Startup Policy Forum to Boost Startup Ecosystem SPF aims to bridge the gap between founders, policymakers, and regulators to bolster India's innovative economy. | Shweta Rajpal Kohli, a former Peak XV executive and public policy expert, has announced the launch of the Startup Policy Forum (SPF), a pioneering initiative to strengthen the Indian startup ecosystem.
Scheduled for a tentative launch on Na... |
