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Founded in 1998, Pine Labs offers a full-stack merchant platform that is a unique blend of technology and financial solutions.
Founded in 1998, Pine Labs started by engineering a solution for a large scale, card-based payment, and loyalty program in the retail petroleum industry. As its merchants’ needs evolved, Pine Labs pivoted its business model in a renewed journey since 2012. Thereon, it pioneered the smart, cloud-based, unified point-of-sale (POS) platform. Pine Labs has redefined the payments technology and fintech space while contributing to the creation of a global digital economy. Today, the company works with a maniacal focus on creating a product and services platform that widens access, accelerates commerce and automation for merchants in local markets. With a presence across 3,700 cities and towns across India and Malaysia and other parts of Asia, it is putting its knowledge and expertise in use for serving merchants, both large and small.
Legal Name
:
Pine Labs Private Limited
Headquarters
:
Delhi NCR, Delhi, India
Business Model
:
Founding Date
:
18th May 1998
No. of Employees
:
1000+
Core Team
:
1.
Kush Mehra
Chief Business Officer & President
2.
Sameer Maheshwary
Chief Financial Officer
3.
Lokvir Kapoor
Founder and CEO
Total Funding
$1.3B
Investors
:
1.
PayPal Ventures
2.
Altimeter Capital
3.
State Bank of India
4.
Tree Line Asia
See More
$82M
Series Name
:
SERIES-F
Date
:
Mar 2018
Investors
:
1.
Altimeter Capital
2.
Actis
Mobicule Technologies, the Mumbai-based BFSI fintech company specializing in full stack phygital debt collection and recovery platform, has been a trusted partner to India's banking and financial services sector for over 18 years. Incorporated in September 2008 and headquartered in Andheri, Mumbai, the company began as a pioneer in mobile field force technology, with some of the country's largest mobile field force deployments across sales and distribution, telecom, and BFSI. It has evolved over nearly two decades into a focused specialist, orchestrating complete debt recovery lifecycles from the first digital nudge to final legal resolution. Mobicule's approach centers on the ""phygital"" model, a deliberate blend of digital technology, human contact centre and field presence designed to make collections faster and fully compliant without eroding customer relationships.
Frequently Asked Questions
Mobicule Technologies, the Mumbai-based BFSI fintech company specializing in full stack phygital debt collection and recovery platform, has been a trusted partner to India's banking and financial services sector for over 18 years. Incorporated in September 2008 and headquartered in Andheri, Mumbai, the company began as a pioneer in mobile field force technology, with some of the country's largest mobile field force deployments across sales and distribution, telecom, and BFSI. It has evolved over nearly two decades into a focused specialist, orchestrating complete debt recovery lifecycles from the first digital nudge to final legal resolution. Mobicule's approach centers on the ""phygital"" model, a deliberate blend of digital technology, human contact centre and field presence designed to make collections faster and fully compliant without eroding customer relationships.
