Pine Labs acquires Shopflo in ₹88 crore deal to expand D2C ecosystem | Company News
Fintech platform Pine Labs acquired checkout optimisation platform Shopflo for Rs 88 crore on Saturday as the Amrish Rau-led company looks to deepen engagement with direct-to-consumer (D2C) merchants. The company claimed that Shopflo had over 1,000 e-commerce online brands processing transactions for 60 million customers. Shopflo’s turnover as of March…