India, June 30 -- Pine Labs has been on the IPO trail for what feels like an eternity. And now it's finally about to press the big red button. In all likelihood, there's no turning back now for the Peak XV Partners-backed company.

Pine Labs has gone through various narratives when it comes to the IPO. At one point, a US listing was said to be on the cards but that never happened. This was when India was not considered a great destination for public listings.

But in the past few years, this notion has changed, and Pine Labs reverse flipped from Singapore and redomiciled in India to get set for the IPO. This time, it seems the company is finally ready. This is the coming-of-age moment for one of India's original fintech pioneers, and it c...