Transaction · Payments · 2026

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.
  • The deal is expected to close pending customary conditions.

Strategic rationale

Fills checkout experience gap in Pine Labs' full-stack commerce platform; enables unified offline and online merchant journey integration.

Deal terms & multiples

Deal value
$9M
Target revenue
Target EBITDA
EV / Revenue
EV / EBITDA
Announcement
April 25, 2026
Acquirer
Pine Labs (Strategic)
Sub-sector
Payments

Frequently asked questions

How much did Pine Labs pay for Shopflo Technologies?

Pine Labs acquired Shopflo Technologies for $9M, announced on April 25, 2026.

When did Pine Labs announce the acquisition of Shopflo Technologies?

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

What sub-sector is Shopflo Technologies in?

Shopflo Technologies is tracked in the Payments sub-sector.

Sources

  • techstory.in /pine-labs-buys-full-stake-in-d2c-checkout-startup-shopflo-for-%E2%82%B988-crore-in-all-cash-deal/