Founded in 1998, Pine Labs offers a full-stack merchant platform that is a unique blend of technology and financial solutions.

Basic Information

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. See more

Legal Name

:

Pine Labs Private Limited

Headquarters

:

Mumbai, Maharashtra , India

Business Model

:

B2B 

Founding Date

:

18th May 1998

No. of Employees

:

1000+

Core Team

:
1.

Vicky Bindra

Chief Executive Officer

2.

Sanjeev Kumar

Chief Technology Officer

3.

Kush Mehra

Chief Business Officer & President

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Funding

Total Funding

$1.1B

Investors

:

1.

PayPal Ventures

2.

Madison India Capital

3.

Actis

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Detail Round Breakdown

Round 1
Round 2
Round 3
Round 4
Round 5
Round 6

$82M

Series Name

:

SERIES-F

Date

:

Mar 2018

Investors

:
1.

Altimeter Capital

2.

Actis