Pine Labs Acquires Shopflo in ₹88 Crore All-Cash Deal

Fintech firm Pine Labs has acquired a 100% stake in Shopflo Technologies, a D2C checkout platform, in a deal valued at up to ₹88 crore, according to regulatory filings. The acquisition, which will be completed within three months, is structured as an all cash transaction. Founded in 2021, Shopflo provides checkout infrastructure and ecommerce enablement … Continue reading Pine Labs Acquires Shopflo in ₹88 Crore All-Cash Deal