E-PaperPine Labs News
IPO-bound Pine Labs pockets $150 mn from Alpha Wave Ventures
Alpha Wave Ventures is jointly managed by Abu Dhabi-based investment firm Chimera Capital Ltd and Alpha Wave Global (formerly Falcon Edge Capital), which made 28 investments (new and follow-ons) in India in 2021
1 min read18 Feb 2022Pine Labs closes latest fundraise at $600 million, eyes US listing
Pine Labs wants to become the first Indian fintech to list offshore, with the right unit economics and Ebitda profile, while recording 50-60% revenue growth year-on-year
2 min read7 Jul 2021Pine Labs closes latest fundraise at $600 million, eyes US listing
Pine Labs wants to become the first Indian fintech to list offshore, with the right unit economics and Ebitda profile, while recording 50-60% revenue growth year-on-year
2 min read7 Jul 2021Pine Labs eyes Wirecard unit
The payments firm is potentially interested in the German co’s regional PoS business
1 min read3 Jul 2020Pine Labs plans to deploy 1.5 lakh Android POS devices by next fiscal
The company, which had launched Plutus Smart (its Android-based point of sale machines) about nine months ago, has already deployed over 50,000 of these POS terminalsThe company plans to considerably scale up its Android POS network in 2020-21 to 1.5 lakh machines
1 min read23 Feb 2020Pine Labs acquires Qwikcilver for $110 million
Qwikcilver,founded in 2006, is a gift card service providerPine Labs also has its own gifting business since 2015- Pine Perks which it claims is used by 600 organizations
1 min read19 Mar 2019Pine Labs eyes unicorn tag with new funding
Temasek’s deep network in several Asian nations could help Pine Labs expand operations in Southeast AsiaPine Labs is likely to use the new cash to expand into international markets and make acquisitions
1 min read15 Feb 2019Temasek, PayPal buy minority stake in Pine Labs for $125 million
The investment from Temasek and PayPal follows a $82 million round in March by UK-based Actis and Altimeter Capital
1 min read1 Jun 2018Pine Labs raises $125 million from Temasek, PayPal
Pine Labs, backed by Sequoia Capital and Actis, says Temasek and PayPal acquires minority stakes in the company, investing a total of $125 million
1 min read31 May 2018Actis to set up NBFC, invest $220 million over next five years
Actis plans to fund the NBFC platform with up to $220 million of equity capital over a five-year period
1 min read30 May 2018Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared