Deal Corner
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

Nishchal Joshipura

Anirudh Arjun

Palomita Sharma

PRESS COVERAGE

https://economictimes.indiatimes.com/tech/technology/singapore-court-clears-pine-labs-plea-to-move-domicile-to-india/articleshow/110268243.cms?from=mdr

https://www.business-standard.com/companies/news/pine-labs-secures-nclt-approval-to-merge-domestic-singapore-entities-124081900920_1.html

https://bfsi.economictimes.indiatimes.com/news/fintech/nclts-nod-for-pine-labs-to-reverse-flip-to-india/120198113

 

Disclaimer

The contents of this hotline should not be construed as legal opinion. View detailed disclaimer.

This Hotline provides general information existing at the time of preparation. The Hotline is intended as a news update and Nishith Desai Associates neither assumes nor accepts any responsibility for any loss arising to any person acting or refraining from acting as a result of any material contained in this Hotline. It is recommended that professional advice be taken based on the specific facts and circumstances. This Hotline does not substitute the need to refer to the original pronouncements.

This is not a Spam mail. You have received this mail because you have either requested for it or someone must have suggested your name. Since India has no anti-spamming law, we refer to the US directive, which states that a mail cannot be considered Spam if it contains the sender's contact information, which this mail does. In case this mail doesn't concern you, please unsubscribe from mailing list.

Research Papers

Mergers & Acquisitions
July 11, 2025

New Age of Franchising
June 20, 2025

Life Sciences 2025
June 11, 2025

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Connect with us at events, 
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Deal Corner

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

Nishchal Joshipura

Anirudh Arjun

Palomita Sharma

PRESS COVERAGE

https://economictimes.indiatimes.com/tech/technology/singapore-court-clears-pine-labs-plea-to-move-domicile-to-india/articleshow/110268243.cms?from=mdr

https://www.business-standard.com/companies/news/pine-labs-secures-nclt-approval-to-merge-domestic-singapore-entities-124081900920_1.html

https://bfsi.economictimes.indiatimes.com/news/fintech/nclts-nod-for-pine-labs-to-reverse-flip-to-india/120198113

 

Disclaimer

The contents of this hotline should not be construed as legal opinion. View detailed disclaimer.

This Hotline provides general information existing at the time of preparation. The Hotline is intended as a news update and Nishith Desai Associates neither assumes nor accepts any responsibility for any loss arising to any person acting or refraining from acting as a result of any material contained in this Hotline. It is recommended that professional advice be taken based on the specific facts and circumstances. This Hotline does not substitute the need to refer to the original pronouncements.

This is not a Spam mail. You have received this mail because you have either requested for it or someone must have suggested your name. Since India has no anti-spamming law, we refer to the US directive, which states that a mail cannot be considered Spam if it contains the sender's contact information, which this mail does. In case this mail doesn't concern you, please unsubscribe from mailing list.

Research Papers

Mergers & Acquisitions
July 11, 2025

New Age of Franchising
June 20, 2025

Life Sciences 2025
June 11, 2025

NDA Connect

Connect with us at events, 
conferences and seminars.