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Director of BEAMSTART

India: Pine Labs' valuation tops $2b after Lone Pine investment

Lone Pine’s investment follows the strategic investment made by Mastercard in January 2020, when Pine Labs attained unicorn status.

  • Merchant commerce platform Pine Labs today announced it has raised a fresh round of funding from Lone Pine Capital.
  • Amrish Rau, CEO, Pine Labs. “Small businesses and consumers are fast adopting to digital commerce and contactless checkout.
  • We are also seeing tremendous uptake in Pay Later services and have now enabled nearly 150,000 outlets for this.


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