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Pine Labs

Pine Labs

Public
Noida, Uttar PradeshFintech: Paymentshttps://www.pinelabs.com/

Pine Labs is now publicly traded

The data on this page reflects Pine Labs's private-market history up to the point it went public, including its funding rounds, valuation, and investors.

Last Round

Private Equity

Nov 6, 2024

Est. Valuation at Exit

$2.9B

Total Funding Raised

$1.44B

Company Overview

Pine Labs operates in Fintech: Payments and is based in Noida, Uttar Pradesh. It has raised $1.44B.

Pine Labs is a fintech company that provides a merchant platform offering point-of-sale (POS) terminals, payment processing, and financial infrastructure solutions for merchants, brands, and financial institutions.

Sector

Fintech: Payments

Verticals

B2B Payments, E-Commerce, FinTech, TMT

AI Layer

Infrastructure

Pine Labs Comparables

Compare Pine Labs with similar companies based on industry and business-model similarity.

Pine Labs comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Mswipe
81%
Paytm
81%
Innoviti Technologies
79%
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Pine Labs Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Private EquityNov 6, 2024
Private EquityMar 30, 2022
VC RoundFeb 18, 2022
Corporate FundingJan 5, 2022
VC RoundSep 16, 2021
Series F
Jul 6, 2021
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Key People

Founding team and executive leadership

Amrish Rau

CEO

Executive Team

Venugopal Choudhary

Chief Business Officer Chief Technology Officer - Credit, Chief Technology Officer Issuing Business

Executive Team

Ankit Handa

CFO - Issuing Business (formerly Qwikcilver)

Executive Team

Sameer Kamath

Group CFO

Executive Team

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Pine Labs Investors

Notable investors and investment history

Pine Labs investors
InvestorRounds
Tetlin Investments Pte. Ltd.Private Equity
Reliance General InsurancePrivate Equity
TemasekSeries F, Private Equity
Massachusetts Institute of Technology Retirement Plan TrustPrivate Equity
OppenheimerFundsVC Round
Mirae AssetPrivate Equity
Axis Asset Management CompanyPrivate Equity
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Recent news

Latest coverage and updates

  • has_revenueNov 11, 2026

    NPCI’s 0.4% MDR on UPI P2M transactions above Rs 2,000 could unlock annual revenue of Rs 80-230 crore ($16.5M) for Pine Labs Limited in India.

  • launchesNov 11, 2026

    Pine Labs Limited launches UPI acceptance across Sri Lanka with WEBXPAY, enabling Indian payment methods including UPI, UPI AutoPay, net banking, cards, EMI conversions and Credit on UPI at Sri Lankan merchants.

  • has_revenue_increased_byOct 30, 2026

    Pine Labs increases revenue from Southeast Asia by about 40% year on year in the second quarter of fiscal year 2027.

  • has_revenue_increased_byOct 29, 2026

    Pine Labs's consolidated revenue from operations increases 9.4% quarter over quarter from Rs. 736.92 crore in Q1 FY27 to Rs. 806.19 crore in Q2 FY27.

  • has_revenueOct 29, 2026

    Pine Labs Limited reports $84.9M in operating revenue for Q2 FY27.

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Pine Labs Filings

Explore SEC and related filing metadata, where available.

Pine Labs filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Firmographic Details

HeadquartersNoida, Uttar Pradesh
Employee Range3,893
Year Founded1998
Last FundingNov 6, 2024

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