Pine Labs
Signal active
Investment Firm
Overview
Pine Labs offers a merchant platform that includes technology and financial solutions for merchants. These solutions are aimed at helping merchants in increasing their revenue and reduce cost, complexity, and risk.
The company connects financial institutions and consumer brands to enable merchants to deliver value to their retail customers. It powers offline and online last-mile retail transactions, provides customer insights for targeted sales, and offers financial solutions. The company’s cloud-based platform powers 3,50,000+ POS terminals across 3700 cities and towns in India and Malaysia.
Over 1,00,000 merchants across sectors - electronics, food and beverage, fashion, airlines, and more, use Pine Labs’ solutions. 15 major banks, 7 financial institutions, and 100+ brands are part of Pine Labs’ platform.
Highlights
Founded
1998
Industry
Financial Services
Employees
1001-5000
Investment
1
Lead Investment
1
Exits
1
Stages
N/A
Investor Type
N/A
Location
India, Asia
Contact Information
Social
Profile Resume
Pine Labs, established in 1998 and headquartered in India, Asia., specializes in investments across . Their recent investments include . Explore their portfolio in detail, see who is connected to them, and find their contact information on our platform.
Investment portfolio
N/A
investments
1
Diversity investments
0
Lead investments
1
Number of exits
1
Investments
1
| Annouced Date | Organization Name | Industry | Money Raised |
|---|---|---|---|
| Jul 22, 2020 | - | - | null |
Exits
1
Funding Timeline
Funding rounds
1
Investors
26
Funds
0
Funding Rounds
1
Pine Labs has raised 1 rounds. Their latest funding was raised on Jul 22, 2020 from a Corporate Round - Fave round.
| Annouced Date | Transaction Name | Number of Investors | Money Raised | Lead Investor |
|---|---|---|---|---|
| Jul 22, 2020 | Corporate Round - Fave | - | 0 | - |
Investors
28
Pine Labs is funded by 28 investor(s). Vitruvian Partners and Alpha Wave Global Kantor are the most recent investors.
| Investor Name | Lead Investor | Funding Round | Money Raised |
|---|---|---|---|
Invesco | Yes | Venture Round - Pine Labs | 100.0M |
State Bank of India | Yes | Corporate Round - Pine Labs | 20.1M |
Alpha Wave Global | Yes | Secondary Market - Pine Labs | 150.0M |
Vitruvian Partners | Yes | Private Equity Round - Pine Labs | 50.0M |
State Bank of India
Vitruvian PartnersFund raised
2
Susa Ventures has raised a total of $590M across 6 funds, their latest being Susa Ventures Opportunities II. This fund was announced on Aug 30, 2021 and raised a total of $250M.
| Annouced Date | Fund Name | Money Raised |
|---|---|---|
| May 10, 2013 | OTPPLESS | 1.0M |
| May 11, 2013 | OTPPLESS | 1.0M |
Invest in industries
Recent Activity
There is no recent news or activity for this profile.