Pine Labs is a leading Indian merchant commerce and fintech platform providing point-of-sale (POS) terminals, payment processing, merchant financing, and digital payment infrastructure solutions. The company serves merchants across retail, e-commerce, and digital channels via Android-based POS machines and integrated payment gateways.
Pine Labs is publicly traded
IPO'd on November 14, 2025
This company is no longer available on our private secondary market. Shares can be traded publicly under PINELABS.
Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Founded
1998
Total Funding
$1.21B
7 rounds
Last Private Valuation
$5B
March 4, 2022
Total raised $1.21B across 7 rounds
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Last updated 06-25-2026
Latest Round
Type
IPO
Date
November 14, 2025
Amount
$440M
Valuation
$2.9B
Lead Investors
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| November 14, 2025 | IPO | $440M | $2.9B | India IPO |
| March 4, 2022 | Series F | $150M | $5B | Alpha Wave Global |
| July 2021 | Series E | $315M | $3.5B | Fidelity, BlackRock |
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Valuation indexed to 1.0× at the selected entry round. Valuation marks are estimates and may contain errors. Hover each dot to compare.
Entry · Series D
$2B
Dec 2020
Pine Labs today
$2.9B
Nov 2025 · latest mark
Pine Labs multiple
1.4x
valuation uplift since first round
Y-axis is logarithmic. Hollow dots = estimated valuations. Does not represent realized investor returns.
Amrish Rau
CEO
Lokvir Kapoor
Executive Chairman & Co-founder
Rajul Garg
Co-founder
Tarun Upaday
Co-founder
Competitor list is illustrative and may be incomplete, stale, or erroneous.
Razorpay
Indian payments infrastructure platform offering payment gateway, POS solutions, and developer APIs
PayU
Global payment processing platform with strong presence in India and emerging markets
Ezetap
Mobile-based POS and payment solutions provider for retailers and SMBs in India
Yes, Pine Labs is publicly traded under the ticker symbol PINELABS on the BSE, NSE. The company went public in November 14, 2025.
Pine Labs trades under the ticker symbol PINELABS on the BSE, NSE. It began trading in November 14, 2025.
Pine Labs (PINELABS on the BSE, NSE) shares can be purchased through any standard brokerage account — including Fidelity, Charles Schwab, TD Ameritrade, and online platforms like Robinhood or E*TRADE. Search for the ticker PINELABS to place an order.
Pine Labs went public in November 14, 2025 via ipo, with an offering valuation of approximately $5B. Pine Labs went public on November 14, 2025, listing on BSE and NSE at ₹242 per share (9.5% above the ₹221 IPO price), raising ₹3,899.91 Cr through a combination of fresh issue (₹2,080 Cr) and offer for sale (₹1,819.91 Cr). The company achieved profitability in 9M FY25 after losses in prior years.
Pine Labs raised $1.21B across 7 disclosed funding rounds prior to its public listing.
Pine Labs was co-founded by Lokvir Kapoor, Rajul Garg, and Tarun Upaday in 1998.
Pine Labs is headquartered in Noida, India.
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