Vitruvian Partners completed a $50m investment in Pine Labs.

Vitruvian Partners, a London-headquartered international investment firm, completed a $50m investment in Pine Labs, a merchant commerce platform. "Our investment in Pine Labs follows several investments we have made into the digital payments space, and we’re excited to partner with the management team as they continue to drive digital transformation within the rapidly growing Indian payments market. We were impressed by the versatility of the omnichannel payments platform, as well as the expanding geographic footprint," Peter Read, Vitruvian Partner.