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India's markets regulator approves Pine Labs' IPO

Summary by Channel News Asia
India's markets regulator has approved the initial public offering of fintech firm Pine Labs, a document on its website showed on Monday. The IPO could be worth $1 billion and the company, which competes with Paytm and Walmart's PhonePe, is seeking a valuation of up to $6 billion, Reuters reported in Jun

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India's markets regulator approves Pine Labs' IPO

India's markets regulator has approved the initial public offering of fintech firm Pine Labs, a document on its website showed on Monday. The IPO could be worth $1 billion and the company, which competes with Paytm and Walmart's PhonePe, is seeking a valuation of up to $6 billion, Reuters reported in Jun

·Singapore
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Channel News Asia broke the news in Singapore on Monday, September 15, 2025.
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