Business Actis Sells 0.86% Stake In Pine Labs For ₹151.6 Crore Via Bulk Deal Adarsh SinghJune 20, 2026012 views Private Equity Investor Trims Holding In Fintech Unicorn Pine Labs Private equity firm Actis has sold a 0.86% stake in fintech unicorn Pine Labs through a bulk deal worth ₹151.6 crore, according to stock exchange disclosures. The transaction was carried out by Actis Pine Labs Investment Holdings Limited, which offloaded 98.28 lakh shares at a price of ₹154.25 per share. The sale generated proceeds of approximately ₹151.6 crore and represents 0.86% of Pine Labs’ total outstanding share capital of 1.14 billion shares. The latest divestment marks a partial exit for Actis, which has been an investor in Pine Labs since 2018. Actis Remains A Significant Shareholder Despite the stake sale, Actis continues to hold a meaningful position in Pine Labs. As of March 2026, Actis Pine Labs Investment Holdings Limited owned 4.58% of the company. Following the latest transaction, the private equity investor has marginally reduced its exposure while retaining a sizeable stake in the fintech platform. Actis first invested in Pine Labs in March 2018 when it led an $82 million funding round that pushed the company’s valuation close to the coveted $1 billion mark, helping establish Pine Labs as one of India’s leading fintech unicorns. Why Govt Wants ONGC To Build India’s Next ₹15,000 Crore Strategic Oil Reserve READ MORE Pine Labs Delivers Strong Financial Performance The stake sale comes at a time when Pine Labs is demonstrating improved financial performance. For the fourth quarter of FY26, the company reported revenue of ₹700.5 crore, registering a 17% year-on-year growth compared to ₹598.6 crore recorded during the corresponding quarter of FY25. More importantly, Pine Labs returned to profitability during the quarter. The fintech company posted a net profit of ₹59.4 crore in Q4 FY26, compared to a net loss of ₹28.9 crore in the same period last year. The turnaround was driven by steady business growth, operational efficiencies, and tighter cost controls. The profitability milestone reflects Pine Labs’ ongoing efforts to strengthen its financial position as competition intensifies in India’s digital payments ecosystem. Market Capitalisation Nears ₹17,500 Crore Following the bulk deal, Pine Labs shares ended Friday’s trading session at ₹152.7 apiece. At this price, the company commands a market capitalisation of approximately ₹17,534 crore, equivalent to around $1.84 billion. The valuation highlights investor confidence in Pine Labs’ long-term growth prospects despite evolving market dynamics and increased competition from payment aggregators, merchant platforms, and fintech startups. Pine Labs Strengthens Position In Digital Payments Founded as a merchant commerce and payment solutions provider, Pine Labs has expanded its offerings across point-of-sale (POS) solutions, payment processing, lending, merchant commerce, and digital financial services. The company serves millions of merchants across India and international markets and remains one of the country’s most prominent fintech players. With improving profitability and continued revenue growth, Pine Labs appears well-positioned to strengthen its market presence while attracting continued interest from institutional investors. What The Stake Sale Indicates Actis’ partial stake sale appears to be a routine portfolio rebalancing move rather than a complete exit. Private equity investors typically monetize portions of their holdings after years of value creation while retaining exposure to future upside. The transaction also demonstrates continued liquidity and investor appetite for Pine Labs shares, especially following the company’s improving financial performance and return to profitability. As Pine Labs continues to scale its merchant ecosystem and fintech offerings, investors will closely watch whether the company can sustain its growth momentum and further improve margins in the coming quarters.