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The report further said that a total expenditure of Rs 53.25 crore was made towards these 30 vendors that did not exist and the company incurred a loss of Rs 10.97 crore in these dealings.
To date, Pine Labs raked in a total of $700 million across two rounds of fundraising at a valuation of $3 billion.
The implementation of Doorstep service charges, changes in salary, EMI, increased cash withdrawal charges and updated charges of ICICI bank will not just change the personal finance but will transform the entire economy.