A consortium of investors led a $285m funding round in Pine Labs.

A consortium of investors including Baron Capital Group, Duro Capital, Marshall Wace, Moore Strategic Ventures, Ward Ferry Management, Temasek, Lone Pine Capital and Sunley House Capital led a $285m funding round in Pine Labs, a fintech company. "We excel in enterprise merchant payments and now want to scale new frontiers in the online space as well, and at the same time continue to power the credit and commerce needs of our offline merchant partners,” B Amrish Rau, Pine Labs CEO.