Pine Labs
Founded Year
1998Stage
Unattributed - IV | AliveTotal Raised
$1.127BValuation
$0000Last Raised
$50M | 2 mos agoRevenue
$0000Mosaic Score
+30 points in the past 30 days
About Pine Labs
Pine Labs offers cloud-based point-of-sale (PoS) payments solutions, allowing merchants to accept credit or debit card payments, as well as methods such as e-wallets, QR code payment solutions, and unified payments interface (UPI)-based solutions.
Pine Labs Headquarter Location
Candor TechSpace, 4th & 5th Floor Tower 6, Plot No. B2, Sector 62
Noida, 201309,
India
+91 0120-4033600
Research containing Pine Labs
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Pine Labs in 17 CB Insights research briefs, most recently on May 20, 2022.
Expert Collections containing Pine Labs
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Pine Labs is included in 7 Expert Collections, including Store management tech (In-store retail tech).
Store management tech (In-store retail tech)
1,455 items
Startups aiming to work with retailers to improve brick-and-mortar retail store operations.
Unicorns- Billion Dollar Startups
1,118 items
SMB Fintech
1,145 items
Payments
2,148 items
Companies and startups in this collection enable consumers, businesses, and governments to pay each other - online and at the physical point-of-sale.
Fintech 250
750 items
250 of the most promising private companies applying a mix of software and technology to transform the financial services industry.
Fintech
3,403 items
Latest Pine Labs News
May 20, 2022
Joining the league of over two dozen companies such as FirstCry, Cars24 and Pine Labs, omnichannel furniture and home decor company Pepperfry is set to go public and has just converted into a public entity. Mumbai-based Pepperfry is converting into a public entity as per the resolution passed by the company’s board of directors, regulatory filings show. The new name of the company is Pepperfry Limited. While Pepperfry had set a target to go IPO by the second half of this year, it’s likely to delay the process in the wake of the poor performance of several companies including Paytm and Zomato on the stock exchange. The decade-old company founded by Ambareesh Murty and Ashish Shah works on a marketplace model in both offline and online formats. The company leverages franchises and studios to drive sales. Pepperfry had around 73 showrooms as of January and currently has over 140 studios through its franchise programme. The company claims that 35% of its volume is driven by studios. Pepperfry had raised $45 million in debt funding in 2021. Two years ago, the company had raised an equity round from Pidilite Industries. As per Fintrackr’s estimates, it was valued at around $462 million in that round. Backed by Pidilite, Pepperfry’s operating revenue shrank close to 14% to Rs 203.4 crore in FY21 from Rs 236.3 crore in FY20. Meanwhile, the company managed to bring down its losses by 61.6% to Rs 47.2 crore in FY21 from Rs 122.8 crore in FY20. Apart from offline furniture chains, Pepperfry competes with UrbanLadder and WoodenStreet. While UrbanLadder had lost its sheen, WoodenStreet has been scaling at a rapid clip and recently scooped up a $30 million Series B round led by WestBridge.
Pine Labs Web Traffic
Pine Labs Rank
When was Pine Labs founded?
Pine Labs was founded in 1998.
Where is Pine Labs's headquarters?
Pine Labs's headquarters is located at Candor TechSpace, 4th & 5th Floor, Noida.
What is Pine Labs's latest funding round?
Pine Labs's latest funding round is Unattributed - IV.
How much did Pine Labs raise?
Pine Labs raised a total of $1.127B.
Who are the investors of Pine Labs?
Investors of Pine Labs include Accel.
Who are Pine Labs's competitors?
Competitors of Pine Labs include Razorpay, Previse, GoCardless, Klarna, Pace Enterprise, Veem, Handle Financial, PingPong, Yoco, Payoneer and 21 more.
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