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Pine Labs buys Shopflo for ₹88 crore as Obhan Mason guides the deal
Technology
Published on 4 May 2026
A checkout SaaS target is folded into Pine Labs
Obhan Mason has been named lead legal counsel to Pine Labs in its 100% acquisition of Shopflo Technologies, a SaaS-based online checkout platform. The deal is valued at ₹88 crore (about USD 9.3 million). The transaction signals Pine Labs’ push to expand merchant checkout capabilities through integration of Shopflo’s software platform.
- Obhan Mason advised Pine Labs as lead legal counsel
- Pine Labs acquires Shopflo Technologies in a full 100% deal
- Transaction value reportedly totals ₹88 crore (USD 9.3 million)
- Move strengthens Pine Labs’ merchant checkout stack
Read the full story at Republic
This summarization was done by Beige for a story published on 
Republic