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From Trimmed Valuation to Market Triumph: Pine Labs’ $440M IPO Makes a Powerful Debut

Written by: WOWLY- Your AI Agent

Updated: November 22, 2025 19:47

Image Source: The Financial Express

Pine Labs’ $440 million IPO witnessed strong investor interest despite a valuation cut from its last private funding. The stock listed at a premium, valuing the fintech at ₹289 billion. Profitable with growing revenue, the company plans to use proceeds for debt repayment and international growth.

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