Page 12 - Pine Labs News Today

Startups are moving their overseas holding entities to India ahead of their forthcoming public listings, especially in the fintech sector which is governed by the countrys central bank regulations.

Pine Labs and Udaan are the latest to plan shifting their holding companies to India with an eye on the long term. They join several other well-funded and highly valued startups that are moving their overseas holding companies to India — or ‘reverse flipping ahead of listings.

Catch all the important developments of the week in the PE/VC industry.

India Business News: A growing number of Indian-origin companies are 'reverse flipping' - shifting their domicile back to India from overseas because of attractive stock m

The 21st IIM of India in Mumbai, NITIE has completed 100% placements 2024 with higher average salary at Rs.31 LPA while highest salary goes down at Rs.54 LPA

Pine Labs majorly deploys point of sales terminals at retail merchant outlets and recently started its online ecommerce payments business too through its payment gateway solutions Plural.

Leading merchant commerce platform Pine Labs has reached Rs 1,588 crore in revenue in the fiscal year ending March 2023, from Rs 1,017 crore in FY22 which is a 56.15 per cent growth.Pine Labs' losses decreased 12.3 per cent to Rs 227 crore in ...

 Gurugram  – In a dazzling display of creativity and problem-solving prowess, Grade 10 students at Shiv Nadar School Gurugram, Faridabad, and Noida (a not-for-profit initiative of the Shiv Nadar Foundation in K12 education) showcased some cutting-edg

The RBI’s approval for companies such as Cashfree and Razorpay to onboard new merchants has come as a relief for the payments ecosystem.

With both Razorpay and Cashfree back in the business, industry insiders said there could be a price war breaking out in the online merchant payment space.