Fintech unicorn Pine Labs, on Tuesday announced an investment round of $600 million led by Fidelity Management & Research Company and BlackRock Inc. Other investors participating in the round include a fund advised by Neuberger Berman Investment Advisers LLC, Ishana, Tree Line, IIFL AMC via its ‘Late-Stage Tech Fund’, and Kotak.
Pine Labs provides a range of financial services, including point-of-sale devices, merchant commerce, and financing. It has a presence in India, South East Asia, and the Middle East.
