Pine Labs Limited has informed the Exchange regarding a press release dated February 19, 2026, titled "Pine Labs collaborates with OpenAI to engineer the era of Agentic Commerce in India".
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Pine Labs has informed the stock exchange about a press release dated February 19, 2026, announcing a strategic collaboration with OpenAI. The partnership aims to build what the companies are calling 'Agentic Commerce' in India, referring to AI-driven, autonomous shopping and payment experiences. Pine Labs, which provides merchant payment and commerce solutions, will likely integrate OpenAI's technology into its platform to enable smarter, AI-agent-based transactions for businesses and consumers. The filing itself is an exchange disclosure of the press release and does not contain detailed financial terms, investment figures, or revenue projections from the partnership.
This is a positive strategic signal, positioning Pine Labs at the front of AI-led commerce innovation in India alongside a globally recognised AI leader, which could support long-term growth and investor sentiment, though no immediate financial impact or deal value has been disclosed.