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Hey I am on Medial • 1y

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!

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Anonymous 1

Hey I am on Medial • 1y

Are razorpay their competition?

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Anonymous 2

Hey I am on Medial • 1y

RBI introduced some notification to regulate POS industry recently. Would it impact Pine valuation or business at large?

1 Reply

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As we know Invesco revalued the Swiggy and Pinelabs valuation and As of now PineLabs $3.5 Billion and Swiggy at 12.1 Billion . But due to this cut in valuation, these firms can face these challenges in the future and both firms are backed by Peak XV

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