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Pine Labs aims to take Indian fintech global even as it cuts valuation for IPO
Pine Labs aims to take Indian fintech global even as it cuts valuation for IPO Pine Labs, an Indian merchant-commerce startup backed by PayPal and Mastercard, is going public this week at a valuation about 40% lower than its last private round — even as it doubles down on plans to take its fintech platform global. The Gurugram-based fintech has set a price band of ₹210–₹221 (about $2.00–$2.50)...
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