Page 3 - Pine Labs

Pine Labs' Setu names former SAP India executive Raisinghani as its CEO

He will work closely with Setu's co-founder Nikhil Kumar, the company said in a release

Zoho launches PoS solution called Zakya for small, medium enterprises

Digital service priced at Rs 649 per month helps in inventory management, omnichannel sales and other back-office tasks

Fidelity reduces valuations of Meesho, Pine Labs as of October 2023

In September 2021, Fidelity led a $570 million round in Meesho along with B Capital Group, a venture capital firm co-founded by Facebook Co-Founder Eduardo Luiz Saverin

USA's Neuberger Berman slashes valuation of India's Pine Labs, PharmEasy

Fintech firm's valuation cut by 38% and online pharmacy's by 21% as start-up investors battle macroeconomic uncertainties

Never said we are deferring our IPO plans: Pine Labs CEO B Amrish Rau

'Central bank digital currency (CBDC) and Digital Rupee open up exciting opportunities and if implemented correctly'

Pine Labs partners ICICI Bank to enable Digital Rupee on PoS terminals

Digital Rupee opens up exciting opportunities and if implemented correctly, it can accelerate the migration from paper-based currency to digital, said Pine Labs CEO B Amrish Rau

Pine Labs acquires enterprise platform from Saluto Wellness for unknown sum

The deal would help Pine Labs strengthen its offerings across employee rewards and recognition, customer loyalty, and channel partner programmes for medium and large enterprises

Indian startups need to deliver good profits in 3-5 yrs: Accel's Prakash

The top venture capitalist also predicted that at least 25 Indian unicorns will go for IPO in the next 3-5 years

A Rs 5,000 cr opportunity: Hinterland is Pine Labs' BNPL money-spinner

These include products like smartphones, wearables, large appliances, smart televisions, and washing machines

Infibeam Avenues gets RBI in-principle nod for payment aggregator licence

The RBI allowed another window to PAs existing as of March 2020 to apply to the central bank for a license

Pine Labs sees huge demand for its buy-now-pay-later service in hinterlands

The fintech unicorn expects to process BNPL transactions worth Rs 5,000 crore this month as an increasing number of customers in small towns are buying products on EMI this festive season

Beyond the swipe: The ubiquitous PoS machine will soon become intelligent

Deployers of point-of-sale terminals are rethinking the way business is done

Mswipe Technologies gets RBI approval for payment aggregator's licence

Joins companies allowed to manage and process merchants' online transactions

Mergers & acquisitions on rise as startups diversify into newer spaces

The second half of 2022 will see further consolidation as established start-ups look for M&A opportunities at attractive valuation to increase market share

Pine Labs acquiring fintech infrastructure start-up Setu for $70-75 mn

Pine Labs, backed by investors such as Sequoia Capital, PayPal, and Mastercard, competes with fintech companies such as BharatPe, Mswipe, Paytm, and Razorpay

Pine Labs acquires API fintech startup Setu in $70 mn-$75 mn deal

Merchant commerce platform Pine Labs on Thursday announced the acquisition of Bengaluru-based API fintech startup Setu in a deal valued at USD 70-75 million

Pine Labs appoints ex-Amazon India HR Head as its chief people officer

Prior to Amazon, Vijayalakshmi Swaminathan was a founding partner at CoCoon Consulting, a cross-sectoral boutique HR consulting firm

Pine Labs announces key appointments to strengthen senior leadership

Pine Labs has appointed Varun Varma as the head of Strategy and Corporate Development and Jagriti Bhattacharya, who joins as general counsel.

Pine Labs makes majority investment in payment solution provider Mosambee

The leadership team at Mosambee will continue to operate independently.

Pine Labs raises $50 mn from Vitruvian, taking total to $920 mn in 8 months

Merchant commerce platform got $150 million from Alpha Wave Global in February and $20 million from SBI in January.