India, July 2 -- In the run up to the IPO, Pine Labs is roping in Sameer Kamath as its new chief financial officer, according to an ET report. This comes just days after the startup filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI).

Kamath is currently the Group CFO at Mumbai-based investment bank Avendus Capital and brings over two decades of experience in the financial services sector.

His previous roles include senior stints at Motilal Oswal Financial Services and RPG Enterprises.

Pertinent to note that Marc Mathenz, the Singapore-based CFO of Pine Labs, resigned in June 2025, just ahead of the company's DRHP filing.

Kamath has been with Avendus since 2017, serving as executive dir...