Pine Labs Approves 100% Acquisition Of Shopflo For ₹88 Crore To Boost Commerce Platform
Published on: April 25, 2026, 3:48 p.m. | Source: Free Press Journal
Pine Labs Limited has approved the acquisition of 100 percent stake in Shopflo Technologies Private Limited for up to Rs 88 crore in cash, as disclosed on April 25, 2026. The deal, expected to close within three months, aims to strengthen Pine Labs’ unified commerce strategy by integrating checkout technology with its payments infrastructure. Shopflo’s platform serves over 1000 brands.
