In preparation for its IPO, Pine Labs becomes a public entity.

On May 16, shareholders approved the fintech unicorn's name change from "Pine Labs Private Limited" to "Pine Labs Limited." Amrita Gangotra and Smita Chandramani Kumar have also been named as independent directors of Pine Labs in anticipation of its first public offering. According to estimates, Pine Labs plans to launch a $1 billion initial public offering (IPO) in the second half of 2025.

Pine Labs becomes a public company in preparation for its initial public offering (IPO). According to its regulatory papers, which Inc. was able to access, Pine Labs' shareholders approved the proposal on May 16 to rename the firm from "Pine Labs Private Limited" to "Pine Labs Limited."42.2 hours prior