India Digest: Pine Labs eyes Qwikcilver; Wadhawan Group to sell Avanse Financial

India Digest: Pine Labs eyes Qwikcilver; Wadhawan Group to sell Avanse Financial

Pine Labs is in talks to acquire Qwikcilver Solutions for $100 million while financial services conglomerate Wadhawan Global Capital is looking to sell its education finance arm Avanse Financial Services.

Pine Labs in talks to acquire Qwikcilver for $100m

Temasek-backed payment solutions startup Pine Labs is close to acquiring digital gift card firm Qwikcilver Solutions for $100 million, said a source-based report in The Economic Times.

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