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Pine Labs may raise $75 million, become billion-dollar startup
short by Gaurav Shroff / on Saturday, 16 February, 2019
Noida-based digital payments startup Pine Labs is reportedly in advanced talks to close a $75-million funding round from existing investors including Singapore-based Temasek and America's PayPal. The round could value Pine Labs at $1.2-1.4 billion, up from its previous valuation of $900-950 million. Founded in 1998, Pine Labs offers cloud-based point-of-sale (POS) solutions that simplify payments.
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