<ul data-eligibleForWebStory="true"><li>Fintech unicorn Pine Labs has filed its DRHP with SEBI to raise Rs 2,600 crore through an IPO.</li><li>Major shareholders like Peak XV Partners, Temasek, PayPal, Mastercard, Invesco, Actis, and Madison India will participate in the offer for sale.</li><li>Proceeds from the IPO will be used for debt repayment, expansion in Southeast Asia and West Asia, technology investments, and strategic acquisitions.</li><li>Pine Labs' revenue for the first nine months of fiscal 2025 was Rs 1,208 crore with a net profit of Rs 26 crore. It served 915,731 merchants and processed Rs 7.5 lakh crore worth of transactions as of December 2024.</li></ul>

Fintech unicorn Pine Labs files DRHP with SEBI for Rs 2,600 crore IPO

Discover more