Pine Labs’ Acquisition of Setu

IndusLaw represented Pine Labs on the deal.

Pine Labs, a Sequoia and Mastercard backed financial services unicorn, executed a 100% acquisition of Setu, an API (application programming interface) infrastructure fintech startup1.

Pine Labs focuses on simplification at the front end and aims to help businesses embrace fintech products at scale. Setu empowers businesses and developers to reimagine financial products.

The IndusLaw team included Founding Partner Avimukt Dar (Picture), Harman Walia (Partner), Sanjana Mathur (Senior Associate), Tanmaya Negi (Associate), Aman Gupta (Associate); Fintech Regulatory team – Shreya Suri (Partner), and Sana Khan (Associate).

Involved fees earner: Sana Khan – ADSERO – Ragy Soliman & Partners; Avimukt Dar – IndusLaw; Aman Gupta – IndusLaw; Sanjana Mathur – IndusLaw; Tanmaya Negi – IndusLaw; Shreya Suri – IndusLaw; Harman Walia – IndusLaw;

Law Firms: ADSERO – Ragy Soliman & Partners; IndusLaw;

Clients: Pine Labs ;