Pine Labs

Pine Labs is a prominent merchant commerce platform based in Delhi NCR, India, founded in 1998. Originally focused on payment and loyalty solutions for the retail petroleum sector, the company transitioned in 2012 to a cloud-based, omnichannel platform that serves various industries. Pine Labs operates in over 3,700 cities and towns across India, Malaysia, and other Asian markets, providing fintech solutions that integrate payment processing, financing, and automation tools. The company offers a range of services, including unified point-of-sale systems that support digital payments and inventory management, consumer financing options like buy-now-pay-later, and omnichannel solutions for seamless retail operations. Pine Labs also features proprietary products such as PayLater, which allows merchants to offer flexible payment plans, and enterprise automation tools for invoicing and analytics. With a strong focus on technology and strategic partnerships, Pine Labs aims to enhance commerce through accessible and automated solutions, contributing significantly to the fintech landscape in Asia.

Financial Services Noida, India Founded 1998 ~3,320 employees Private · Private Equity

Work at Pine Labs in HR or recruiting? Claim this page

Employees
3,320
+2.3% in the 3 months to Jun 2025
Revenue / employee
$46.9K
Revenue ~$156M
Total funding
$925M
Last round Private Equity, Mar 2022
12-month attrition
18.5%
Tech: 18%
H1B sponsor
NA

Headcount trend

Pine Labs went from 2,901 employees in Jul 2023 to 3,320 in Jun 2025. Jan to Jun 2025: 340 people joined, 215 left.

Headcount data through Jun 2025

Org structure

Headcount by department

Other1,591
Engineering780
Sales467
Operations150
Success88
HR66
Product63
Finance61

Salaries at Pine Labs

All salaries

101 salary profiles in India

Most reported roles

Pay by level, gender and ethnicity

Funding

  • Mar 2022 · Private Equity · $50M · Vitruvian Partners, LLP
  • Feb 2022 · $150M · Alpha Wave Global
  • Jan 2022 · $20M · State Bank of India
  • Nov 2021 · $4.5M
  • Sep 2021 · $100M · Invesco Developing Markets Fund
  • Jul 2021 · $315M · Fidelity Investments, BlackRock, Neuberger Berman Investment Advisers LLC
  • May 2021 · Venture · $285M · Baron Capital Group, Duro Capital, Marshall Wace

Peer reviews

Worked with someone at Pine Labs?

Anonymous peer reviews on OffTheRecord

Read or write a review

Similar companies

Pine Labs FAQ

How many employees does Pine Labs have?

Pine Labs has about 3,320 employees, up 2.3% over the 3 months to Jun 2025.

What is Pine Labs's revenue per employee?

Pine Labs makes about $47K in revenue per employee, based on $155.85M annual revenue and 3,320 employees.

How much does Pine Labs pay?

6figr has 101 salary profiles for Pine Labs in India, with pay broken down by role, level and gender on the Pine Labs salaries page. See Pine Labs salaries

How much funding has Pine Labs raised?

Pine Labs has raised $924.5M in total funding; its latest round was Private Equity in Mar 2022.

Data from Company Prospectus, DOL LCA disclosures, WARN notices and 6figr salary profiles.