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Pine Labs Hires US Investment Bankers For IPO, Aims At $6 Bn Valuation

Pine Labs has hired Morgan Stanley and Goldman Sachs as advisors for its intial public offering next year in the US ....

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Pine Labs Raises $600 Mn Funding Led By Fidelity, BlackRock

Pine Labs Raises $600 Mn Funding Led By Fidelity, BlackRock
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Treebo Hotels Closes $16 Mn Series D Round Led By Accor & Others

Treebo Hotels Closes $16 Mn Series D Round Led By Accor & Others
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Pine Labs Completes First Close of $285M Funding

Pine Labs Completes First Close of $285M Funding
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Temasek-backed Indian unicorn Pine Labs makes first close of $285m funding round

Temasek-backed Indian unicorn Pine Labs makes first close of $285m funding round
Visual from Pine Labs website
May 17, 2021
Pine Labs, an Indian merchant commerce platform unicorn, announced that it has completed the first close of its $285 million new funding round backed by existing investor Temasek.
The new round of financing was participated by a host of investors, including Baron Capital Group, Duro Capital, Marshall Wace, Moore Strategic Ventures, Ward Ferry Management, and existing investors Lone Capital and Sunley House Capital.
Pine Labs said the round was significantly oversubscribed and enabled secondary transactions for its founder, employees, and early shareholders.
“This is an exciting phase in our journey as we enter newer markets. We excel in enterprise merchant payments and now want to scale new frontiers in the online space as well, at the same time continue to power the credit and commerce needs of our offline merchant partners,” said ....

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