Technology
India's securities regulator has given the green light for Pine Labs' initial public offering (IPO).
Published On Mon, 15 Sep 2025
Asian Horizon Network
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India’s market regulator has approved fintech firm Pine Labs’ IPO, which could raise $1 billion and target a valuation of up to $6 billion. The company, competing with Paytm and PhonePe, plans to use proceeds to expand abroad, upgrade technology, and reduce debt. SEBI also approved IPOs for Hero Motors and Canara Robeco Asset Management.
Disclaimer: This image is taken from Reuters.
