Out to list, Pine Labs is a hardware business pretending to be a fintech
Its core POS machine business is small and growing slowly, and the company has done little else to justify its high valuation.
10 July, 2025•14 min
0
10 July, 2025•14 min
0

More in Internet
Internet
What about Lightspeed?
One of the few remaining foreign venture capital funds in India, Lightspeed has had a rather quiet year—especially when compared to some of its peers. The 2026 IPO pipeline may be the reset it needs.
You may also like
Internet
What about Lightspeed?
One of the few remaining foreign venture capital funds in India, Lightspeed has had a rather quiet year—especially when compared to some of its peers. The 2026 IPO pipeline may be the reset it needs.
Business
Duroflex wakes up as Wakefit closes in on an IPO
The six-decade old mattress maker files its draft IPO papers just as Wakefit wins approval for a public market debut—setting up a bruising battle for the No. 2 spot.
Internet
Peak XV’s ducks-in-a-row moment is here
After the anxiety of its split with Sequoia, a spell of founder run-ins, senior-level churn and tighter capital, things finally seem to be turning for Peak XV Partners.







