ALFA Filings
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Pine Labs Limited is acquiring Shopflo Technologies for ₹88 Crore to enhance its D2C checkout capabilities. The transaction will be completed in cash within three months.
Pine Labs completed its acquisition of Shopflo Technologies, making it a wholly owned subsidiary. This expands the company's product portfolio and market reach.
Pine Labs Limited is acquiring Shopflo Technologies for ₹88 Crore. The acquisition of the D2C checkout platform is expected to conclude within three months. This move aims to provide an integrated end-to-end platform for D2C merchants, spanning in-store and online checkout solutions.
Pine Labs Limited has approved the acquisition of a 100% stake in Shopflo Technologies Private Limited for up to ₹88 Crore. The transaction, expected to complete within 3 months, aims to build a unified commerce and payments platform by integrating Shopflo's checkout optimization technology.