Obhan Mason, Shardul Amarchand Mangaldas act on Pine Labs acquiring Shopflo
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Summary
Pine Labs has acquired Shopflo Technologies, a SaaS-based online checkout platform, for ₹88 crore ($9.3 million), in an all-cash transaction.Obhan Mason advised Pine Labs on the end-to-end transaction, from deal structuring, comprehensive legal due diligence, drafting and negotiation of definitive agreements, to regulatory advisory. The firm also provided strategic guidance on transaction execution within the governance and compliance framework applicable to a publicly listed entity.The transact