Pine Labs Limited
Citigroup bought 66.7 lakh shares of Pine Labs Limited for ₹125.23 Cr at ₹187.75 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.
US-based global investment bank with around USD 2.4 trillion in assets. India FPI activity covers proprietary, market-making and client flows in listed Indian equities.