PayPal-Backed Pine Labs Plans Up to $700 Million IPO in October

BloombergThursday, September 18, 2025 at 12:06:20 PM
PositiveTechnology
PayPal-Backed Pine Labs Plans Up to $700 Million IPO in October
Pine Labs, a leading digital payments provider in India, is gearing up for an impressive initial public offering (IPO) that could raise up to $700 million this October. This move not only highlights the growing confidence in the Indian fintech sector but also reflects the increasing demand for digital payment solutions in the region. Investors are keenly watching this development as it could set a precedent for future tech IPOs in India.
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