News Details
July 17, 2025
NDA Represents Madison India Opportunities V VCC In Pine Labs' Reverse Flip from Singapore to India
Deal Brief
Pine Labs Limited, a Singapore-based fintech leader, successfully completed a reverse flip by merging with its Indian entity, Pine Labs Private Limited, pursuant to an NCLT-approved scheme. Pine Labs is a prominent merchant platform that enables businesses to accept diverse payment modes and provides cutting-edge point-of-sale and payment solutions.
Our Role
We, at Nishith Desai Associates, acted as counsel to Madison India Opportunities V VCC, a shareholder of Pine Labs Limited, and advised them on the legal, tax and regulatory aspects of the reverse flip.
Deal Team
PRESS COVERAGE
