Peak XV set to be largest seller in Pine Labs IPO
- Posted on June 26, 2025
- By Financial Express
- 2 Views
Peak XV set to be largest seller in Pine Labs IPO
Peak XV to be largest seller in Pine Labs’s Rs 2,600 crore IPO, offloading up to 39M shares. Other investors like Temasek, PayPal, and co-founder Lokvir Kapoor also plan partial exits. IPO proceeds to repay debt, invest in global ops, and upgrade tech as the firm turns profitable.
