Integrated Core Strategies bought 24.5 lakh shares of Pine Labs Limited for ₹38 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.
Investment vehicle of Millennium Management, a New York-based multi-strategy hedge fund.