Stealth • 3m
Pine Labs is all time high 📈 • Baron Funds increased its valuation of Pine Labs to $5.8 billion, while Invesco marked the firm's value up to $4.8 billion as of December 2023. • Previously, Baron Funds had valued Pine Labs at $5.3 billion in September of last year, and Invesco had set its valuation at $3.9 billion as of October 31. • Pine Labs' revenue climbed in FY23 as its collection spiked 50% to 1.58 billion. However, its losses grew by 28% to 28.5 crore over the same period, compared to the FY22 numbers. Hope you guys like it and Follow me!
RBI introduced some notification to regulate POS industry recently. Would it impact Pine valuation or business at large?
Are razorpay their competition?
Edtech startup Bluelearn shuts operations, to return 70% of capital ....
A student's guide to startups ....
OpenAI announces SearchGPT, its AI-powered search engine ....
Budget 2024: Key takeaways for startup ecosystem ....
Great news for startups as India moves to abolish angel tax ....
Wiz walks away from Google’s $23B acquisition offer: Read the CEO’s note t ....
WazirX announces $23 mn bounty to recover $234 mn lost in cyber breach ....
Lightspeed-Backed Pocket FM Fires Around 200 Writers ....
Byju's founder Raveendran faces reckoning as startup implodes ....
Exclusive: Emami set to acquire 100% stake in The Man Company ....
Download the medial app to read full posts, comements and news.