Pine Labs, backed by PayPal, targets $439M Mumbai IPO
Photo by hidefumi ohmichi on Unsplash
Pine Labs, supported by PayPal, is planning an IPO in Mumbai aiming to raise up to $439 million, according to a Bloomberg.com report. The report lacks information regarding the IPO's timing or the company's expected valuation. Pine Labs, a company with backing from PayPal, is reportedly planning an Initial Public Offering (IPO) in Mumbai, according to a Bloomberg.com report. The company aims to raise up to $439 million through the IPO. The referenced report provided no further details regarding the offering's timing or the company's anticipated valuation.
Key takeaways
- Pine Labs, a company with backing from PayPal, is reportedly planning an Initial Public Offering (IPO) in Mumbai, according to a Bloomberg
- The company aims to raise up to $439 million through the IPO
- The referenced report provided no further details regarding the offering's timing or the company's anticipated valuation
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