Fintech startup Pine Labs said it raised $100 million in funding from US-based investment management company, Invesco Developing Markets Fund.
The latest funding comes months after the startup raised $600 million from marquee investors, including Fidelity Management & Research Company, BlackRock Inc, a fund advised by Neuberger Berman Investment Advisers LLC, Ishana, Tree Line, IIFL AMC via its ‘Late-Stage Tech Fund’, and Kotak.