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State Bank of India invests $20 million in Pine Labs
short by Hiral Goyal / on Tuesday, 4 January, 2022
Merchant commerce platform Pine Labs on Tuesday announced that the State Bank of India (SBI) has invested $20 million in the startup. Pine Labs had raised $700 million in funding across two rounds last year. "We are thrilled to have the largest bank of India, the State Bank of India, place their trust in us," its CEO Amrish Rau said.
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