Pine Labs Limited — JV/Acquisition, 29-06-2026: Acquisition

Pine Labs strengthens its FinTech capabilities by investing INR 25 Cr in its wholly-owned subsidiary, Synergistic Financial Networks Private Limited (SFNPL). This capital infusion aims to fuel SFNPL's working capital needs and support future growth. SFNPL, a key player in payment processing and integrated tech solutions, reported a turnover of ~INR 190 Cr in FY26, underscoring its strategic importance for Pine Labs' continued expansion in the Indian market.