Former Peak XV Executive’s Kenro Capital Seeks Stake In Pine Labs

Kenro Capital is reportedly in talks to pick up a stake in Pine Labs as some of its early backers are looking exit ahead of its IPO

Piyush Gupta’s Kenro is planning to invest $30-40 Mn in the fintech major

Pine Labs’ IPO will comprise a fresh issue of shares worth up to INR 2,600 Cr and an offer for sale of up to 14.78 Cr shares

Former Peak XV executive’s VC firm Kenro Capital is reportedly in talks to pick up a stake in Pine Labs as some of its early backers are looking for partial or full exit ahead of the…