Pine Labs IPO to raise Rs 3,900 Cr

Pine Labs, a digital payment solutions firm, is raising Rs 3,900 Cr through an IPO with investors like PayPal and Mastercard. The funds will be used to repay debt, invest in technology, and expand globally. With a focus on fintech, Pine Labs aims to compete with Paytm and Razorpay in India, despite being capex-heavy in […]