Overview

• Sameer Kamath previously served as Group CFO at Avendus Capital and held leadership roles at Motilal Oswal Financial Services.
• He will oversee Pine Labs’ global finance strategy, accounting operations and investor relations as CFO.
• The company has filed a draft red herring prospectus with SEBI and is lining up a potential ₹520 crore pre-IPO funding round.
• IPO proceeds are earmarked for debt reduction, technology upgrades and expansion across Southeast Asia and the Middle East.
• Backers including Peak XV Partners, PayPal and Mastercard plan to sell up to 147.8 million shares in the offer-for-sale portion of the IPO.