The acquisition was structured as an all-cash deal, with the acquisition amount expected to be disbursed in multiple tranches
The online checkout optimisation platform will allow Pine Labs to increase its presence in the ecommerce and digital merchant payments space
In FY25, ShopFlo’s revenue jumped almost 61% to ₹147 Cr from ₹91.6 Cr in the previous fiscal year
Fintech major Pine Labs has acquired ecommerce-focused SaaS startup ShopFlo in an all-cash deal worth…

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