US-based Mastercard exits India’s Pine Labs, sells entire 4.31% stake for Rs 933.5 crore
- September 23, 2026
International payments firm Mastercard has exited Pine Labs after its Asia-Pacific arm offered its whole 4.31% stake within the fintech firm for Rs 933.57 crore. Mastercard Asia/Pacific Pte. Ltd. offered 4,97,24,182 Pine

