Tag: pine labs

P2P lending platform LenDenClub's parent plans IPO, CEO says
Posted in Startups

P2P lending platform LenDenClub’s parent plans IPO, CEO says

Vartis Platforms, operator of the country’s largest peer-to-peer lending marketplace LenDenClub, is preparing for an initial public offering within 18 to 36 months, chief executive…

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Snapdeal parent AceVector files updated DRHP for D-Street debut
Posted in Startups

Snapdeal parent AceVector files updated DRHP for D-Street debut

AceVector, the parent entity of ecommerce company Snapdeal, filed its updated draft red herring prospectus (UDRHP) with the Securities and Exchange Board of India (Sebi)…

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Snapdeal parent AceVector files updated prospectus; to raise up to Rs 300 crore via IPO
Posted in Startups

Snapdeal parent AceVector files updated prospectus; to raise up to Rs 300 crore via IPO

AceVector, the parent company of ecommerce platform Snapdeal, has filed its updated draft red herring prospectus (UDRHP) with the Securities and Exchange Board of India…

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Meesho IPO unlocks major gains for Elevation, Peak XV, others; founders’ stake valued at Rs 8,750 crore
Posted in Startups

Meesho IPO unlocks major gains for Elevation, Peak XV, others; founders’ stake valued at Rs 8,750 crore

Early investors in Meesho including Elevation Capital and Peak XV Partners are sitting on significant paper gains after the value-focused ecommerce company set a price…

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PhysicsWallah founders’ holdings at over Rs 16,000 crore; WestBridge’s stake valued at Rs 2,600 crore
Posted in Startups

PhysicsWallah founders’ holdings at over Rs 16,000 crore; WestBridge’s stake valued at Rs 2,600 crore

PhysicsWallah, the first edtech to list following Byju’s’ collapse, has created significant paper wealth for its promoters and backers as it debuted at a 33%…

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Pine Labs IPO: In fintech, tomorrow will always be better than today, says CEO Amrish Rau at listing ceremony
Posted in Startups

Pine Labs IPO: In fintech, tomorrow will always be better than today, says CEO Amrish Rau at listing ceremony

Amrish Rau, CEO of Pine Labs, said fintech remains a fast-growing “sunrise industry” with strong long-term potential. Speaking during the company’s listing ceremony, he described…

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Global payment majors PayPal and Mastercard gain big post Pine Labs IPO
Posted in Startups

Global payment majors PayPal and Mastercard gain big post Pine Labs IPO

Pine Labs’ private market journey had two very large payment companies grabbing a slice of its capitalisation table: American digital payments major PayPal and global…

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Pine Labs secures all three payment licences from the RBI
Posted in Startups

Pine Labs secures all three payment licences from the RBI

IPO-bound digital payments processor Pine Labs has secured all the mandated regulatory licences needed to offer digital payments in the country. According to a recent…

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Pine Labs CEO Amrish Rau. A growing EBITDA while being adjusted for ESOPs, as well as narrowing of loss, points to profitability in the future. (File Photo)
Posted in Business

Pine Labs reduces IPO size, sets price band for a valuation of nearly $3 billion| Business News

Pine Labs Ltd. has reduced the size of its initial public offering, even as it eyes a valuation of more than ₹25,300 crore (about $3…

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Pine Labs turns profitable in June quarter of FY26; revenue up 18% YoY
Posted in Startups

Pine Labs turns profitable in June quarter of FY26; revenue up 18% YoY

Online payments company Pine Labs has reported its first quarterly net profit in the first three months of FY26, driven by a steady rise in…

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