Fintech (Merchant Commerce)Noida, Uttar Pradesh, India
Pine Labs is an Indian merchant commerce and fintech company providing point-of-sale systems, online payments (Plural), issuing and gift-card infrastructure (Qwikcilver), and merchant lending across India, the Middle East and Southeast Asia. Listed on NSE and BSE in November 2025, it processes over 20 million transactions daily across 2 million terminals, 450+ brands and 177 financial institutions.
3StartupFox stories
1998Founded
Fintech(Merchant Commerce)Sector
Sept 2026Latest coverage
Financials
Revenue and profit after tax as filed with the Registrar of Companies.
Pine Labs is an Indian merchant commerce and fintech company providing point-of-sale systems, online payments (Plural), issuing and gift-card infrastructure (Qwikcilver), and merchant lending across India, the Middle East and Southeast Asia. Listed on NSE and BSE in November 2025, it processes over 20 million transactions daily across 2 million terminals, 450+ brands and 177 financial institutions.
Who founded Pine Labs?
Pine Labs's founders and leadership on record at StartupFox are Lokvir Kapoor, B. Amrish Rau, Kush Mehra and Sameer Kamath.
Is Pine Labs profitable?
Per its FY26 consolidated filing, Pine Labs reported ₹2,711 Cr in revenue, with a ₹113 Cr profit.
What is the status of the Pine Labs IPO?
Listed (Nov 2025).
What is the latest news on Pine Labs?
The most recent StartupFox coverage is “Mastercard Has Sold Its Entire Pine Labs Stake For ₹934 Crore” (24 September 2026). All stories are listed on this page.
Sources & updates
This profile is compiled by the StartupFox desk from company announcements, regulatory and exchange filings (RoC/MCA, NSE/BSE) and our own reporting.
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