Page 3 - Pine Lab News Today

In a note, the NPCI has asked PPI issuers to stop such services with immediate effect and close down existing wallets by June 30

It was a mixed bag for Prosus in India. While its losses in Swiggy, a major portfolio company, spiked, there was a silver lining in terms of gross merchandise value (GMV) growth for the food and grocery delivery company. This and more in todays ETtech Top 5.

Redseer Strategy Consultants has recently released a report titled 'Future of Online Payments' in collaboration with Plural by Pine Labs.

Gupshup is the latest scalp in the valuation markdown spree as Fidelity Investments slashed the unicorn’s valuation by 31.6%.

US-based Baron Capital has now cut the valuation of Swiggy to $6.5 Bn as of March 31, 2023, days after slashing it by 34%.

This week, Indian startups have managed to raise $72 Mn across 17 deals, a 59% drop from $174 Mn raised last week across 19 deals

Pine Labs' execution of the digital rupee payment process is completely digital via dynamic QR built within its smart Android PoS terminals

Pine Labs announced the acceptance of digital Rupee on its PoS terminals in partnership with ICICI Bank. The technology integration between the two entities will now support e₹ (Digital Rupee) acceptance at Pine Labs' point-of-sale terminals across key retail outlets in Mumbai and Bengaluru.

Pine Labs, a leading merchant commerce omnichannel platform and Thomas Cook (India) Limited, India’s...

Pine Labs, a merchant commerce omnichannel platform and Thomas Cook (India) Limited, foreign exchange service provider, have partnered with National Payments Corporation of India (NPCI), in a pioneering initiative to ensure safe, seamless, convenient merchant payments via UPI for foreign nationals from G20 countries, the company said via an exchange filing.