Pine Labs gets warm market welcome on $440M India IPO despite a valuation trim
Image Credits:Pine Labs Payment technology company Pine Labs, backed by PayPal and Mastercard, won over public investors on Friday, finishing its first day of trade 14% higher even after lowering its valuation for its $440 million IPO. This makes it the second-largest Indian fintech listing this year after online brokerage Groww’s nearly $750 million debut…
