Fintech platform Pine Labs looking to get listed in the US, say reports

Fintech platform Pine Labs looking to get listed in the US, say reports

Pine Labs is conducting discussions with merchant bankers for IPO in 2022

Pine Labs eyes a valuation of $5 Billion through the IPO

The startup had reportedly approached JP Morgan, Citi and Morgan Stanley for the IPO

The startup is one of Asia’s leading merchant commerce platforms

Other startups like Delhivery, Policybazaar, Zomato and Nykaa are on the IPO pipeline

Pine Labs claims to serve 150K merchants across its 450K network points in 3.7K cities