Pine Labs successfully completed its $440 million IPO, reinforcing investor interest in India’s expanding fintech ecosystem and the company’s established position in digital payments infrastructure. Alongside the listing, Groww reported ₹1,824 crore in net profit for FY25, reversing its previous year’s loss, while also recording 50 percent growth in revenue to ₹3,901 crore. Industry analysts noted that the strong performance of both companies highlights resilient demand for consumer-facing financial technology platforms, rising transaction volumes, and sustained adoption of digital financial services across retail investors and merchants nationwide.