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Pine Labs

Listed · NSE · PINELABSNot ranked by Uback

Uback segment Fintech › Payments › Online payments & acquiring

Market value on the ranking date

Market capINR 20,503 cr (USD 2.1bn) · Oct 2026
ListingNSE · PINELABS
Listed sinceNov 2025
Market cap / revenue7.6x

Published figures

SectorMerchant payments infrastructure
Key figureGross transaction value about INR 4.22 lakh cr (Q1 FY27)

Pine Labs and its private challengers in India

Non-listed Indian startups that compete with Pine Labs, as ranked by Uback on 7 Oct 2026. Listed companies are never ranked.

#CompanyValuation
—Pine LabsListed · NSE · PINELABSINR 20,503 cr (USD 2.1bn)Market cap · Oct 2026
2PhonePeFintech › UPI payments and financial services≈ USD 14bnDecacorn · AI estimateBack
13RazorpayFintech › payment gateway and business banking≈ USD 1.9bnUnicorn · AI estimateBack
32JuspayFintech › payment orchestration≈ USD 1.2bnUnicorn · AI estimateBack
47M2P FintechFintech › banking-as-a-service≈ USD 520MHundreds of M$ · AI estimateBack

Full India ranking →

Uback is a content publisher. It ranks non-listed companies only and gives no opinion on listed companies: the figures above are facts from company filings and market data, at the date shown, never a recommendation. Sources are kept in Uback’s data and not shown per company. No intention can be declared on a listed company. Method