Pine Labs plans ₹3,000 crore IPO with PayPal, Mastercard backing
pre-market1 source ↓written by the desknot a recommendation
- in its Mumbai
- ₹3,000 crore
- valued
- $3 billion
- pricing shares between
- ₹210 and ₹221
Pine Labs aims to raise ₹3,000 crore in its Mumbai IPO, with anchor bids starting this week. The digital payments firm, valued at nearly $3 billion, is pricing shares between ₹210 and ₹221. This move highlights the growing interest in India's fintech sector as it seeks to solidify its market position. 📈
Not investment advice. For informational purposes only.