News
Pine Labs gets tribunal nod to move home to India
By Startup Enthusiast ·

- Date
- Company
- Pine Labs
- What it does
- Reverse flip approved
- Kind
- News
What they do
The Chandigarh bench of the company tribunal approved merging Pine Labs' Singapore entity into its Indian entity in an order dated 9 April 2025
What happened
This moves the parent company's base back to India, called a reverse flip
Why it matters
Pine Labs became the second major fintech after Groww to do this, with Razorpay still in the process
The details
- The NCLT approved the merger of the Singapore entity with the Indian one.
- The order is dated 9 April 2025.
- It clears a key step before a listing in India.
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