Indian fintech for merchant payments and POS, backed by PayPal and Mastercard.
Around 5,149 people on the team.
| Date | Round | Amount |
|---|---|---|
| Sep 2025 | Incoming IPO Pine Labs launched an IPO of about $700M in Mumbai (reduced from the initial $1B target), with ~$295M in new shares and an offer for sale by investors such as PayPal and Peak XV. | $700M |
| Mar 2022 | Growth Fintech unicorn Pine Labs raised $50M from Vitruvian Partners at a valuation above $5B, part of pre-IPO fundraising ahead of a planned US listing. | $50M |
| Feb 2022 | Growth IPO-bound fintech unicorn Pine Labs raised $150M from Alpha Wave Ventures at a little over $6B valuation, a pre-IPO round. | $150M |
| Jan 2022 | Growth IPO-bound fintech unicorn Pine Labs raised $20M from SBI in a pre-IPO round to develop its Plural online payments product. | $20M |
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Pine Labs has acquired Qfix Infocomm.
Data is community-curated and may be incomplete.