Pine Labs ListedUnicorn
Pine Labs is an Indian multinational company that provides point-of-sale (POS) systems and payment systems, including merchant commerce, prepaid/gift card issuing, and financing solutions for merchants, consumer brands and financial institutions across India, Southeast Asia and the Middle East.
Pine Labs: Funding Rounds
| Date | Round | Amount | Investors | Source |
|---|---|---|---|---|
| 7 Nov 2025 | IPO | ₹2,080.26 Cr (fresh issue) | source | |
| 30 Mar 2022 | Growth | $50 Mn | Vitruvian Partners | source |
| 18 Feb 2022 | Growth | $150 Mn | Alpha Wave Global | source |
| 16 Sep 2021 | Growth | $100 Mn | Invesco Developing Markets Fund | source |
| 16 May 2021 | Growth | $285 Mn | Baron Capital Group Duro Capital Lone Pine Capital Marshall Wace Moore Strategic Ventures Sunley House Capital Temasek Ward Ferry Management | source |
| 21 Dec 2020 | Growth | Undisclosed | Lone Pine Capital | source |
| 24 Jan 2020 | Corporate | Undisclosed | Mastercard | source |
| 31 May 2018 | Growth | $125 Mn | PayPal Temasek | source |
| 13 Mar 2018 | Growth | $82 Mn | Actis Capital Altimeter Capital | source |
| 1 Mar 2009 | Seed | $1.2 Mn | Sequoia Capital India | source |
Acquisitions
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Who founded Pine Labs?
Pine Labs was founded by Lokvir Kapoor, Rajul Garg in 1998.
How much funding has Pine Labs raised?
Pine Labs has raised $1.04 Bn across 10 tracked funding round(s), most recently on 2025-11-07. Figures are compiled from cited public sources.
Who are the investors in Pine Labs?
Investors in Pine Labs include Vitruvian Partners, Alpha Wave Global.
What does Pine Labs do?
Pine Labs is an Indian multinational company that provides point-of-sale (POS) systems and payment systems, including merchant commerce, prepaid/gift card issuing, and financing solutions for merchants, consumer brands and financial institutions across India, Southeast Asia and the Middle East.
Where is Pine Labs headquartered?
Pine Labs is headquartered in Noida, Uttar Pradesh, India.
What is Pine Labs's business model?
Pine Labs's core value proposition centers on Digital funnel between merchants and banks.
How does Pine Labs make money?
Pine Labs's cited revenue streams include Digital Infrastructure & Transaction Platform, Issuing & Acquiring Platform.