FILE PHOTO: A worker uses a Pine Labs machine for a transaction at a fuel station in Ahmedabad, India, August 5, 2022. REUTERS/Amit Dave/File Photo
(Reuters) -Indian fintech firm Pine Labs [PINL.NS] has filed for an initial public offering and is seeking to raise 26 billion rupees ($304 million) by issuing fresh shares, draft papers showed on Thursday.
Existing investors, including Peak XV, PayPal and Mastercard, will also sell up to 147.8 million shares, according to the filing.
