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Pine Labs To Appoint Avendus Capital’s Sameer Kamath As CFO

  • Pine Labs is appointing Sameer Kamath as its new chief financial officer ahead of the IPO.
  • Sameer Kamath, currently the Group CFO at Avendus Capital, brings over two decades of experience in the financial services sector.
  • Pine Labs filed its DRHP aiming to raise up to INR 2,600 Cr through a fresh issue of shares, along with an offer for sale from key investors.
  • The company plans to use the IPO proceeds for debt repayment, investment in IT assets, and expanding presence outside India.

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