Pine Labs Limited
Government Pension Fund Global bought 32.24 lakh shares of Pine Labs for ₹50.00 Cr at ₹155.10 apiece in a block deal.
A leading Indian merchant commerce platform, Pine Labs provides point-of-sale solutions, payment processing, and merchant financing services to businesses across the country. The company operates a comprehensive ecosystem that enables merchants to accept digital payments, manage transactions, and access financial services. Its integrated approach combines technology infrastructure with financial offerings, serving as a critical player in India's digital commerce and payments landscape.
Norway's sovereign wealth fund, managed by Norges Bank Investment Management. World's largest SWF with over USD 2 trillion in assets, invested across 8,700+ companies globally including Indian equities.