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SUMMARY
Kenro Capital is reportedly in talks to pick up a stake in Pine Labs as some of its early backers are looking exit ahead of its IPO
Piyush Gupta’s Kenro is planning to invest $30-40 Mn in the fintech major
Pine Labs’ IPO will comprise a fresh issue of shares worth up to INR 2,600 Cr and an offer for sale of up to 14.78 Cr shares
Former Peak XV executive’s VC firm Kenro Capital is reportedly in talks to pick up a stake in Pine Labs
as some of its early backers are looking for partial or full exit ahead of the…
