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Pine Labs Aims to Take Indian Fintech Global Even as It Cuts Valuation for IPO
Summary by TechCrunch
5 Articles
5 Articles
Indian Fintech Pine Labs Trims IPO by Over 40% Ahead of November Launch
Indian payments platform Pine Labs has scaled back the size of its initial public offering, according to its latest filing with India’s market regulator as reported by Reuters. The offer will open on 7 November and close on 11 November 2025. Existing shareholders will now sell 82.3 million shares instead of the 147.8 million proposed in June, cutting the offer for sale by about 44 percent. The company will also issue fewer new shares, targeting …
Coverage Details
Total News Sources5
Leaning Left2Leaning Right0Center1Last UpdatedBias Distribution67% Left
Bias Distribution
- 67% of the sources lean Left
67% Left
L 67%
C 33%
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