Pine Labs gets warm market welcome on $440M India IPO despite a valuation trim
15 Nov 2025 | Category: Business
Pine Labs, backed by PayPal and Mastercard, gained 14% on its market debut.
Payment technology company Pine Labs, backed by PayPal and Mastercard, won over public investors on Friday, finishing its first day of trading 14% higher even after lowering its valuation for its $440 million IPO. This makes it the second-largest Ind...
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