According to an official statement, Sequoia India, which first invested in Pine Labs in 2009, remains the largest shareholder in the company.
Read more at: https://www.dealstreetasia.com/stories/india-digital-retail-payments-platform-raises-125m-from-temasek-paypal-98872/
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Singapore’s state investment firm Temasek Holdings Pvt. Ltd and global payments major PayPal Holdings Inc have picked up minority stakes in Indian digital retail payments platform Pine Labs Pvt Ltd for a combined $125 million
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