Fintech major Pine Labs files for Rs 2,600 crore IPO

Pine Labs, a digital payments service provider, has filed papers with Sebi for an IPO to raise Rs 2,600 crore. The company plans to sell 14.78 crore shares and a pre-IPO placement of Rs 520 crore, with proceeds being used for debt repayment, investment in IT assets, and expansion outside India. Pine Labs reported revenue […]