Pine Labs / Shopflo 2026
Pine Labs acquired Shopflo Technologies for $9M on April 25, 2026.
- Target
- Shopflo Technologies
- Acquirer
- Pine Labs
- Deal value
- $9M
- Announced
- April 25, 2026
- Sub-sector
- Payments
Transaction overview
- Pine Labs announced the acquisition of Shopflo Technologies on April 25, 2026 for $9M.
Strategic rationale
Fills checkout experience gap in Pine Labs' full-stack commerce platform; enables unified offline and online merchant journey integration.
Deal terms & multiples
Sources
- techstory.in /pine-labs-buys-full-stake-in-d2c-checkout-startup-shopflo-for-%E2%82%B988-crore-in-all-cash-deal/