India Fintech Merchant Payment Platform Pine Labs Files for India IPO to Raise $304 Million at $6 Billion Valuation, Founded in 1998 by Lokvir Kapoor, Rajul Garg & Tarun Upadhyay, Investors Include Sequoia India (Peak XV Partners), Actis Capital, Temasek, PayPal, Mastercard, Lone Pine Capital, Vitruvian Partners, Sunley House Capital, Baron Capital Group, Duro Capital, Marshall Wace, Moore Strategic Ventures & Ward Ferry Management

Caproasia.com | The leading source of data, research, information & resource for financial professionals, investment managers, professional investors, family offices & advisors to institutions, billionaires, UHNWs & HNWs. Covering capital markets, investments and private wealth in Asia. How do you invest $3 million to $300 million? How do you manage $20 million to $3 billion of assets? Caproasia - Learn more

Caproasia Access | Events | Summits | Register Events | The Financial Centre
The 2026 Investment Day | 2026 Family Office Summits | Family Office Circle

This site is for accredited investors, professional investors, investment managers and financial professionals only. You should have assets around $3 million to $300 million or managing $20 million to $30 billion.

---

India Fintech Merchant Payment Platform Pine Labs Files for India IPO to Raise $304 Million at $6 Billion Valuation, Founded in 1998 by Lokvir Kapoor, Rajul Garg & Tarun Upadhyay, Investors Include Sequoia India (Peak XV Partners), Actis Capital, Temasek, PayPal, Mastercard, Lone Pine Capital, Vitruvian Partners, Sunley House Capital, Baron Capital Group, Duro Capital, Marshall Wace, Moore Strategic Ventures & Ward Ferry Management

27th June | Hong Kong

India fintech merchant payment platform Pine Labs has filed for India IPO to raise $304 million at $6 billion valuation.  Pine Labs was founded in 1998 by Lokvir Kapoor, Rajul Garg & Tarun Upadhyay.  Pine Labs investors include Sequoia India (Peak XV Partners), Actis Capital, Temasek, PayPal, Mastercard, Lone Pine Capital, Vitruvian Partners, Sunley House Capital, Baron Capital Group, Duro Capital, Marshall Wace, Moore Strategic Ventures & Ward Ferry Management.  Pine Labs – At Pine Labs is a technology company digitising commerce, through a suite of digital payments and issuing solutions in India and across the globe. We have built an advanced technology infrastructure to accelerate the digitisation journey of merchants, consumer brands, enterprises, and financial institutions. We operate in India and a growing number of international markets including Malaysia, UAE, Singapore, Australia, USA, and Africa. Pine Labs’ tech-first approach to digital payments and focus on simplification at the front end aims to help businesses embrace fintech products at scale.  Our digital payments business represents a one-stop payments destination across channels, including online payments designed to deliver secure and smooth online payment experiences to the end user, powered by a tech stack that can augment an existing online business or build an all-new e-commerce payment setup from the ground up. We also provide integrated Affordability Solutions for merchants and consumer brands and enterprises, and Fintech infrastructure solutions for financial institutions.  Our Issuing business offers a full-stack, end-to-end technology service solution in the Prepaid Transaction Management, Gift Cards, and Sales/ Distribution Space, with a presence in multiple countries and live service engagements with brands and customers from the Retail, Hospitality and Airline Industries. We offer prepaid instruments primarily in India, Southeast Asia, Australia and the United States and we presently offer Credit Processing in India, Africa, and Southeast Asia.

“ India Fintech Merchant Payment Platform Pine Labs Files for India IPO to Raise $304 Million at $6 Billion Valuation, Founded in 1998 by Lokvir Kapoor, Rajul Garg & Tarun Upadhyay, Investors Include Sequoia India (Peak XV Partners), Actis Capital, Temasek, PayPal, Mastercard, Lone Pine Capital, Vitruvian Partners, Sunley House Capital, Baron Capital Group, Duro Capital, Marshall Wace, Moore Strategic Ventures & Ward Ferry Management “

- Article continues below -

Quick Links, Ads & Announcements
Caproasia Access | Events | Summits | Register Events | The Financial Centre
The 2026 Investment Day | 2026 Family Office Summits | Family Office Circle

Intelligence at your fingertips
Get Started ($29 per year) : Click here
Caproasia Subscription ($680 yearly | $70 monthly): Click here

The 2026 Investment Day
Hong Kong | Singapore
March / July / Sept / Oct / Nov
Private Equity, Hedge Funds, Boutique Funds, Private Markets & more. Join 20+ CIOs & Senior investment team, with > 60% single family offices with $300 million AUM. Taking place in Hong Kong and in Singapore. Every March, April, July, Sept, Oct & Nov.
Visit | Register here

The 2026 Family Office Summit
9th / 16th April & 15th Oct Hong Kong Ritz Carlton | 23rd / 30th April & 5th Nov Singapore Amara Sanctuary Resort
Join 60 single family offices & family office professionals in Hong Kong & Singapore
Links: 2026 Family Office Summit | Register here

2026 Investment / Alternatives Summit
March / Oct / Nov in Hong Kong & Singapore
Join leading asset managers, hedge funds, boutique funds, private equity, venture capital & real estate firms in Hong Kong, Singapore & Asia-Pacific at the Investment / Alternatives Summit. Join as delegate, speaker, presenter, partner & sponsor.
Visit | Register here

2026 Private Wealth Summit
April / Oct / Nov in Hong Kong & Singapore
Join CEOs, CIOs, Head of Private Banking, Head of Family Offices & Product Heads at The Private Wealth Summit.  Join as delegate, speaker, presenter, partner & sponsor.
Visit | Register here

India Fintech Merchant Payment Platform Pine Labs Files for India IPO to Raise $304 Million at $6 Billion Valuation, Founded in 1998 by Lokvir Kapoor, Rajul Garg & Tarun Upadhyay, Investors Include Sequoia India (Peak XV Partners), Actis Capital, Temasek, PayPal, Mastercard, Lone Pine Capital, Vitruvian Partners, Sunley House Capital, Baron Capital Group, Duro Capital, Marshall Wace, Moore Strategic Ventures & Ward Ferry Management

Managing $20 million to $3 billion. Investing $3 million to $300 million.
For Investment Managers, Hedge Funds, Boutique Funds, Private Equity, Venture Capital, Professional Investors, Family Offices, Private Bankers & Advisors, sign up today. Subscribe to Caproasia and receive the latest news, data, insights & reports, events & programs daily at 2 pm.

Join Events & Find Services
Join Investments, Private Wealth, Family Office events in Hong Kong, Singapore, Asia-wide. Find hard-to-find $3 million to $300 million financial & investment services at The Financial Centre | TFC. Find financial, investment, private wealth, family office, real estate, luxury investments, citizenship, law firms & more.  List hard-to-find financial & private wealth services.

Have a product launch? Promote a product or service? List your service at The Financial Centre | TFC. Join interviews & editorial and be featured on Caproasia.com or join Investments, Private Wealth, Family Office events. Contact us at [email protected] or [email protected]

Caproasia.com | The leading source of data, research, information & resource for financial professionals, investment managers, professional investors, family offices & advisors to institutions, billionaires, UHNWs & HNWs. Covering capital markets, investments and private wealth in Asia. How do you invest $3 million to $300 million? How do you manage $20 million to $3 billion of assets?

Quick Links

Caproasia Access | Events | Summits | Register Events | The Financial Centre
The 2026 Investment Day | 2026 Family Office Summits | Family Office Circle

Web links may be disabled on mobile for security.
Please click on desktop.

---

New to Caproasia
Learn More | Sign Up | Subscribe | Register Events

Caproasia Users

• Manage $20 million to $30 billion of assets
• Invest $3 million to $300 million
• Advise institutions, billionaires, UHNWs & HNWs

Caproasia Platforms | 11,000 Investors & Advisors

• Caproasia.com
• Caproasia Access
• Caproasia Events
• The Financial Centre | Find Services
• Membership
• Family Office Circle
• Professional Investor Circle
• Investor Relations Network

Monthly Roundtable & Networking

• Professional Investor
• Family Office
• HNW Partnership

Family Office Programs

• Family Office Circle
• Family Office Networking
• Family Office Roundtable
• The Family Office Summit

The 2026 Investment Day

• March - Hong Kong
• March - Singapore
• April - Hong Kong
• April - Singapore
• July - Hong Kong
• July - Singapore
• Sept- Hong Kong
• Sept - Singapore
• Oct- Hong Kong
• Nov - Singapore
• Visit: The Investment Day | Register: Click here

Caproasia Summits

• The Institutional Investor Summit
• The Investment / Alternatives Summit
• The Private Wealth Summit
• The Family Office Summit
• The CEO & Entrepreneur Summit
• The Capital Markets Summit
• The ESG / Sustainable Investment Summit

Contact Us

For Enquiries, Membership
[email protected], [email protected]

For Listing, Subscription
[email protected], [email protected]

For Press Release, send to:
[email protected]

For Events & Webinars
[email protected]

For Media Kit, Advertising, Sponsorships, Partnerships
[email protected]

For Research, Data, Surveys, Reports
[email protected]

For General Enquiries
[email protected]

---

Caproasia | Driving the future of Asia
a financial information technology co.
since 2014

---