Daily Headlinez Top News Updates
Citigroup initiated its coverage of Pine Labs with a buy rating and a target price of Rs 235. Analysts said that India’s payments fintech is on a monetization improvement trajectory, with leading players increasingly entrenched in respective core areas of leadership. While product, services and distribution build-outs into comprehensive plays will continue across the fintech…
Mumbai: Payment technology firm Pine Labs has partnered with OpenAI to build smarter payment systems that can take limited financial decisions on their own, aiming to simplify how businesses manage money.The collaboration will embed OpenAI’s artificial intelligence models into Pine Labs’ merchant platforms used by retailers and service providers. Instead of merely processing payments, the…
With Nifty hovering close to record highs and investor sentiment remaining upbeat, the primary market is set for a new phase, where five major companies are preparing to raise nearly Rs 35,000 crore through IPOs over the next two months.The lineup features some of the country’s most prominent consumer and fintech brands—Lenskart, Groww, Pine Labs,…
MUMBAI: India’s capital markets have been resilient, defying global slowdown on the back of robust support from domestic investors, allowing a spate of startups to go public. This has been “the single biggest” positive development for all private market investors, said Shailendra Singh, MD at Peak XV Partners. This is the first time India’s capital…
