Pine Labs Limited invested ₹24.9993 Crore in its wholly owned subsidiary, Synergistic Financial Networks Private Limited, via a rights issue subscription.
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.
