April 16, 2025
Business
Tag
IPO
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
Zomato founder is now among India’s ultrarich after a stellar IPO
Zomato Founder, Deepinder Goyal became an overnight star of India's fledgling startup scene after his stock rose 66% on its debut.
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