Former Peak XV Executive’s Kenro Capital Seeks Stake In Pine Labs

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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…



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Former Peak XV Executive’s Kenro Capital Seeks Stake In Pine Labs


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…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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