- Merchant commerce platform Pine Labs has acquired a proprietary enterprise platform from Bengaluru-based Saluto Wellness Private Limited.
- The acquisition was made at an undisclosed amount.
- This will boost the capabilities of Pine Labs’ issuing business under the Qwikcilver brand.
- This will enable Pine Labs to strengthen its offerings across employee rewards and recognition, customer loyalty programs, and channel partner programs.
Pine Labs acquires enterprise platform from Saluto Wellness