Pine labs setu 70m75mbhalla the economictimes
WebJun 24, 2024 · June 24, 2024, 08:44 IST Merchant commerce platform Pine Labs on Thursday announced the acquisition of Bengaluru-based API fintech startup Setu in a deal valued at USD 70-75 million. The deal will entail a mix of cash and equity. WebJun 23, 2024 · Commenting on the development, B Amrish Rau, CEO of Pine Labs, said, “Setu will make an incredible addition to the Pine Labs platform for a few reasons. Embedded financial services and open ...
Pine labs setu 70m75mbhalla the economictimes
Did you know?
WebJun 24, 2024 · Pine Labs, an Indian e-commerce and payments startup, has acquired embedded finance startup Setu in a cash-and-stock deal worth $70-$75 million, The Economic Times reports.. Why it matters: Pine Labs is expected to be the first Indian fintech to list in the U.S. but may delay plans to go public due to market conditions. In the … WebJun 23, 2024 · The deal is valued between $70 million and $75 million, Indian paid television station CNBC-TV18 reported, citing unnamed sources. Headquartered in Bengaluru, India and founded in 2024 by Sahil...
WebJun 23, 2024 · Digital payments service provider Pine Labs has acquired application programming interface (API)-based infrastructure company Setu in a cash-and-equity deal for about $70-75 million. Pine Labs chief executive Amrish Rau said the deal was significant but refused to disclose its exact size. WebJun 23, 2024 · IPO-bound fintech unicorn Pine Labs today announced that it is acquiring Bengaluru-based Setu, an API (application programming interface) infrastructure fintech startup for around $70-75 million (around Rs 550-580 crore) . This is the third acquisition announced by Pine Labs this year, the Noida-based merchant commerce platform said in …
WebJun 24, 2024 · NEW DELHI: Pine Labs has acquired fintech infrastructure provider Setu for $70-75 million to strengthen its online payments and lending platform. WebFeb 8, 2024 · In April 2024, Pine Labs acquired Fave, a consumer fintech platform that provides a smart payment app to the smart generation of consumers looking to pay and save. Incorporated in Singapore, Pine Labs' key investors include Sequoia India, Actis Capital, Temasek, PayPal and Mastercard.
WebJun 24, 2024 · June 24, 2024, 08:44 IST Merchant commerce platform Pine Labs on Thursday announced the acquisition of Bengaluru-based API fintech startup Setu in a deal …
WebThe official list from the RBI is expected to come soon. Separately, Nikhil Kumar, Co-founder of Setu, which was last month acquired by Pine Labs, broke the news on Twitter that the startup's... meat canning machineWebChippendale has a number of heritage-listed sites, including the Regent Street railway station or 'Mortuary Station', located on the eastern side of the suburb. The John Storey Memorial Dispensary was built in 1926 as a memorial to John Storey, a former Premier of New South Wales.It is located on Regent Street and still functions as a pathology and methadone clinic. peerless irrigation in pearsallWebFeb 24, 2024 · Sydney, city, capital of the state of New South Wales, Australia. Located on Australia’s southeastern coast, Sydney is the country’s largest city and, with its … meat canningWebPine Labs is an Indian company that provides financing and retail transaction technology. Founded in 1998, it is a unicorn startup, with a valuation of over US$5 billion. It makes … peerless iron and metalWebJun 24, 2024 · New Delhi: Merchant commerce platform Pine Labs on Thursday announced the acquisition of Bengaluru-based API fintech startup Setu in a deal valued at USD 70-75 … meat canning ideasWebJun 23, 2024 · Merchant commerce platform Pine Labs has acquired fintech infrastructure company Setu. According to Entrackr‘s sources, the deal is worth around $70 million. “Setu will retain its team and brand and continue to run independently,” the company’s co-founder Sahil Kini said in a virtual press briefing on Thursday. meat canyon adventure timeWebJun 24, 2024 · New Delhi: Merchant commerce platform Pine Labs on Thursday announced the acquisition of Bengaluru-based API fintech startup Setu in a deal valued at USD 70-75 … meat canyon bob the builder