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Pine Labs

BlackRock, Ishana
FINTECH

Pine Labs raises $600 million in funding and plans an IPO in 18 months

It is estimated that the firm is currently worth $3 billion. Pine Labs, one of Asia’s leading merchant commerce platforms, has closed a $600 million fundraising round, with the entry of new investors Fidelity Management & Research Company, funds managed by BlackRock, Ishana, Tree Line, a fund advised by Neuberger Berman Investment Advisers LLC. IIFL

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