Obhan & Associates act on Pine Labs acquiring Qfix Infocomm

Obhan & Associates act on Pine Labs acquiring Qfix Infocomm

The commerce platform serves traders across India and Southeast Asia

Pine Labs Limited, a Singapore-based company, has acquired Qfix Infocomm Private Limited, a Mumbai-based end-to-end cloud platform that delivers online integrated payments and billing services to multiple sectors.

Pine Labs is a leading commerce platform that serves prominent merchants in the large, mid-sized and small segments across India and Southeast Asia. The company's leading cloud-based software platform offers a wide range of payment solutions, including enterprise automation systems such as inventory management and customer relationship management.

Qfix is an embedded fintech start-up. It enables industry segment-specific innovative and curated digital payments and commerce experience for merchants, consumers and communities. Over 5,000 merchants, including educational institutions, governments, and clubs are presently on the Qfix platform.

While Obhan & Associates acted as the legal counsel to Pine Labs, the transaction team comprised Ashima Obhan (senior partner), Akanksha Dua (senior associate), Anubhav Chakravorty (associate) and Shuchi Dutta (associate).