By FMTeam In the fintech scene of India, no doubt, Pine Labs is among the fastest-growing ones, and most innovative ones. Their products and payment systems are being used by hundreds and thousands of people in the country, and on that very note, we’re here mainly to talk about the Pine Labs Net Worth, Owner, CEO, Head Office, etc.
| Company name | Pine Labs |
| Establishment year | 1998 |
| Head Office | Noida |
| Owner/Founder | Founders commonly cited: Lokvir Kapoor; Rajul Garg |
| CEO Name | Amrish Rau |
| Industry | Payments/fintech; POS and payment systems |
| Number of employees | About 3,957 |
| Net worth / Market capitalization | About ₹20,803.20 crore (3rd March 2026) |
| Total revenue in 2025 | ₹2,274 crore |
Company Profile
The history side of things aren’t that intriguing with this company, still, just know that Pine Labs was established in 1998 and originally was a petroleum retail automation company. Gradually, as digital transactions began to flourish, the firm changed its focus to merchant payments and POS solutions. The company broadened its footprint through various partnerships and acquisitions, like Qwikcilver in 2019 and Fave in 2021. It’s generally recognized that Lokvir Kapoor and Rajul Garg are the founders of Pine Labs.
Net Worth / Market Cap
Just look at how high the market cap of Pine Labs is, and you’ll have a good idea of how stable they are and how fast the growth is happening for them, and that number is about ₹20,803.20 crore as of 3rd March 2026.
Current Status and Recent Updates
Pine Labs has become a public company and successfully underwent its IPO in 2025. According to the IPO documents, the company aimed to use the IPO proceeds to pay off borrowings, invest in foreign subsidiaries, and upgrade technology such as cloud infrastructure and digital checkout systems. To give you an idea, the firm disclosed revenue for the fiscal year 2025 of around ₹22.74 billion, indicating that Pine Labs is a large-scale enterprise by the size of its revenues, although there may be fluctuations in profitability from year to year.