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Pine Labs

Industry Fintech
Founded 1998; 27 years ago
Founder Lokvir Kapoor
Rajul Garg
Headquarters Noida, Uttar Pradesh (Corporate Office)
Gurgaon, Haryana (Registered Office), India

Pine Labs is an Indian company that provides point of sales systems and payment systems, founded in 1998. The company has a valuation of over US$5 billion.

The company makes Android-based point of sale (PoS) machines and has more than 70,000 retailers across India, including retail outlets such as Spencer’s Retail, Pantaloons, Shoppers Stop, and Westside. It also has a presence in other countries, primarily in Asia, such as India, UAE, Singapore and Malaysia. On 21 May 2024 Pine Labs got approval from Singapore Court to dissolve its Singapore branch.

Some of its notable investors include LonePine, PayPal, Temasek Holdings, Actis Capital, Altimeter Capital, Sofina, and Sequoia Capital.

https://www.pinelabs.com/

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