positive
Fintech‑payments firm Pine Labs gears up for India IPO valued at ₹77,000 crore
Fintech payments company Pine Labs confirmed its plan to list in India early next year after securing a strategic investment from Blackstone, which valued the firm at approximately ₹77,000 crore ($9.3 billion). The company is restructuring international operations and preparing its prospectus. Analysts believe the listing could become one of India’s largest fintech IPOs if market conditions remain favourable and fintech valuations recover.
Key metrics to watch include recurring‑merchant revenue growth and margin expansion.
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Reuters• By Pooja Kumari
Explore:Mutual Fund Themes
positive
Fintech‑payments firm Pine Labs gears up for India IPO valued at ₹77,000 crore
Fintech payments company Pine Labs confirmed its plan to list in India early next year after securing a strategic investment from Blackstone, which valued the firm at approximately ₹77,000 crore ($9.3 billion). The company is restructuring international operations and preparing its prospectus. Analysts believe the listing could become one of India’s largest fintech IPOs if market conditions remain favourable and fintech valuations recover.
Key metrics to watch include recurring‑merchant revenue growth and margin expansion.
Related:
Reuters• By Pooja Kumari
Explore:Mutual Fund Themes
1 min read
73 words
Pine Labs revealed a strategic deal valuing it at ₹77,000 crore on 17 Nov and is advancing toward an early‑2026 India IPO.
Fintech payments company Pine Labs confirmed its plan to list in India early next year after securing a strategic investment from Blackstone, which valued the firm at approximately ₹77,000 crore ($9.3 billion). The company is restructuring international operations and preparing its prospectus. Analysts believe the listing could become one of India’s largest fintech IPOs if market conditions remain favourable and fintech valuations recover.
Key metrics to watch include recurring‑merchant revenue growth and margin expansion.
Fintech payments company Pine Labs confirmed its plan to list in India early next year after securing a strategic investment from Blackstone, which valued the firm at approximately ₹77,000 crore ($9.3 billion). The company is restructuring international operations and preparing its prospectus. Analysts believe the listing could become one of India’s largest fintech IPOs if market conditions remain favourable and fintech valuations recover.
Key metrics to watch include recurring‑merchant revenue growth and margin expansion.
Companies:
Pine Labs
Blackstone
Tags:
ipo
fintech
ipo
fintech
Pine Labs
payments
India listing
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