Business • Jun 26, 2025

Fintech pioneer Pine Labs prepares for IPO

Pine Labs, a major player in fintech, is gearing up to go public with an IPO worth ₹2,600 crore.
The company just filed its paperwork with SEBI and is aiming for a valuation of over $6 billion—a step up from its last funding round.

TL;DR

CFO's resignation and CEO's Singapore base

Big names like Morgan Stanley and JP Morgan are managing the IPO. Pine Labs recently moved its headquarters back to India to prep for this launch.
In the middle of all this, their CFO Marc Mathenz has resigned for personal reasons and will leave before the listing, while CEO Amrish Rau is based in Singapore.