Tag: pine labs ipo

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 IPO Day 3: Weak GMP, tepid subscription demand. Should you apply?
Posted in Startups

Pine Labs IPO Day 3: Weak GMP, tepid subscription demand. Should you apply?

Fintech company Pine Labs is in the final day of its Rs 3,900 crore initial public offering (IPO), but investor enthusiasm appears to be waning….

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Pine Labs raises Rs 1,753 crore ahead of IPO; MIT retirement fund, SBI MF among anchor investors
Posted in Startups

Pine Labs raises Rs 1,753 crore ahead of IPO; MIT retirement fund, SBI MF among anchor investors

Merchant payments company Pine Labs has raised Rs 1,753 crore through its anchor placement round from 12 domestic mutual funds and several global investors. The…

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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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