About Pine Labs
Pine Labs is a company based in Noida (India) founded in 1998 by Lokvir Kapoor. Pine Labs has raised $1.32 billion across 14 funding rounds from investors including Fidelity Investments, Mastercard and PayPal. Pine Labs has completed 8 acquisitions, including EduQfix, Fave and FaveBiz. Pine Labs offers products and services including PoS Machine, Payment Gateway, Pay Later, and EMI Calculator. Pine Labs operates in a competitive market with competitors including Stripe, Razorpay, Flutterwave, PayU and Xendit, among others.
- Headquarter Noida, India
- Founders Lokvir Kapoor
- Stage Public
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Sectors
Financial Services
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Email
Locked
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Phone
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Website
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Social
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- Legal Name Pine Labs Ltd
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Annual Revenue
$123.42 M (USD)-2.63as on Mar 31, 2024
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Net Profit
-$22.43 M (USD)-232.79as on Mar 31, 2024
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EBITDA
-$22.19 M (USD)-420.04as on Mar 31, 2024
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Total Equity Funding
$1.32 B (USD)
in 14 rounds
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Latest Funding Round
$2.2 M (USD), Unspecified
Jul 01, 2022
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Investors
Fidelity Investments
& 32 more
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Employee Count
Not available
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Investments & Acquisitions
EduQfix
& 7 more
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IPO & Listings of Pine Labs
Pine Labs is a publicly listed company on the NSE with ticker symbol PINELABS in India, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Pine Labs
Pine Labs offers a comprehensive portfolio of products and services, including PoS Machine, Payment Gateway, Pay Later, and EMI Calculator.
Device for accepting in-store payments quickly
Platform for faster and simpler online transactions
Option for deferred payments on purchases
Tool to compute installment plans for customers
People of Pine Labs
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Sales and Marketing
54 people
Leadership Team
50 people
Product Management Team
44 people
Software Development Team
39 people
Human Resources and Administration
20 people
Finance and Accounting
15 people
Senior Team
13 people
Operations Team
11 people
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Funding Insights of Pine Labs
Pine Labs has successfully raised a total of $1.32B across 14 strategic funding rounds. The most recent funding activity was a Unspecified round of $2.2 million completed in July 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Pine Labs
Pine Labs has secured backing from 33 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Fidelity Investments, Mastercard and PayPal.
| Investor | Description | Founded Year | Domain | Location |
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Growth equity investments are directed toward expanding startups across sectors.
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Locked | Locked | Locked | |
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Sustainable infrastructure projects are invested in for essential services.
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An investment platform is provided for diverse sectors and geographies.
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Locked | Locked | Locked |
Investor details for Pine Labs
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Pine Labs
Pine Labs has strategically engaged in corporate development activities, having acquired 8 companies. Notable acquisitions include EduQfix, Fave and FaveBiz.
Investment portfolio details for Pine Labs
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Provider of checkout suite solutions for e-tailers
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Locked | Locked | 2021 | Locked | |
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Branding services are provided by Saluto in Bengaluru, India.
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Locked | Locked | 2017 | Locked | |
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App-based QR payment solutions are offered for consumer transactions.
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Locked | Locked | 2016 | Locked |
Complete acquisition details for Pine Labs
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - Pine Labs
Detailed financials for Pine Labs
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Pine Labs Comparisons
Peer comparison for Pine Labs
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
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Competitors of Pine Labs
Pine Labs operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Stripe, Razorpay, Flutterwave, PayU and Xendit, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Payment processing and card issuance solutions are provided for businesses.
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Payment and business banking solutions are provided for enterprises.
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Provider of payment processing solutions for businesses
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Online payment processing and credit solutions are provided for businesses.
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| Locked | Locked | Locked |
Online payment and money transfer platform for businesses
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Digital payments and engagement solutions are offered for MSMEs.
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Detailed competitors of Pine Labs
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Pine Labs
Complete news archive for Pine Labs
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Pine Labs
Pine Labs was founded in 1998 and raised its 1st funding round 11 years after it was founded.
Pine Labs is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
Amrish Rau is the current CEO of Pine Labs.
Pine Labs is a funded company, having raised a total of $1.32B across 14 funding rounds to date.
Annual revenue of Pine Labs is $123.42M as on Mar 31, 2024.
Pine Labs was founded in 1998 and is headquartered in Noida, India, within the fintech sector. Omnichannel payment processing is facilitated for in-store and online transactions through debit cards, credit cards, BNPL options, and e-wallets. Loyalty programs, prepaid and gifting services, analytics tools, and working capital solutions are offered to merchants. Integrations with utility apps and a developer platform are supported for custom applications.
Pine Labs offers PoS Machine, Payment Gateway, Pay Later, and EMI Calculator.
Yes, Pine Labs is publicly traded on NSE under the ticker symbol PINELABS.
Pine Labs has 33 investors. Key investors include Fidelity Investments, Mastercard, PayPal, State Bank of India, and BlackRock.
The ticker symbol of Pine Labs is PINELABS on NSE.
The valuation of Pine Labs is $2.28B as of Jul 2022.