Transaction · Payments · 2026

Pine Labs / Shopflo 2026

Pine Labs acquired Shopflo on April 25, 2026.

Target
Shopflo
Acquirer
Pine Labs
Announced
April 25, 2026
Sub-sector
Payments

Transaction overview

  • Pine Labs announced the acquisition of Shopflo on April 25, 2026.
  • The deal is expected to close pending customary conditions.

Strategic rationale

Integrates payment infrastructure with checkout optimization to create unified commerce platform for e-commerce merchants.

Deal terms & multiples

Deal value
Not disclosed
Target revenue
Not disclosed
Target EBITDA
Not disclosed
EV / Revenue
Not disclosed
EV / EBITDA
Not disclosed
Announcement
April 25, 2026
Acquirer
Pine Labs (Strategic)
Sub-sector
Payments

Frequently asked questions

When did Pine Labs announce the acquisition of Shopflo?

Pine Labs announced the acquisition of Shopflo on April 25, 2026.

What sub-sector is Shopflo in?

Shopflo is tracked in the Payments sub-sector.

Sources

  • rediff.com /business/report/pine-labs-acquires-shopflo-for-rs-88-crore/20260425.htm