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Pine Labs raises $600 Mn funding led by Fidelity, BlackRock

Shortpedia

Content Team
Image Credit: shortpedia

IPO-bound merchant commerce platform Pine Labs today announced a $600 Mn investment round with the entry of new investors Fidelity Management & Research Company, funds managed by BlackRock, Ishana and Tree Line among others. A fund advised by Neuberger Berman Group LLC, IIFL AMC via its ‘Late-Stage Tech Fund’ and Kotak are also participating in this investment round