Pine Labs FY23 revenue surges 56% to Rs 1,588 crore, losses dip marginally

Pine Labs majorly deploys point of sales terminals at retail merchant outlets and recently started its online ecommerce payments business too through its payment gateway solutions Plural.In May, Pine Labs chief executive officer Amrish Rau told ET that the company had reported a Rs 1,600 crore revenue last year, clocking positive Ebitda.