Pine Labs Limited
WF Asian, which previously held 1.08 percent of Pine Labs Limited, is no longer listed among the company's disclosed shareholders, indicating either a complete sale or a reduction in its stake below the 1 percent reporting threshold.
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.
WF Asian Smaller Companies Fund (Wasatch Frontier / WF Asian) is an Asia smallcap focused fund investing in listed Indian equities.