Pine Labs Share Price in Focus; Appoints Former Razorpay Executive Jayaram Karthik as COO

Pine Labs has appointed Jayaram Karthik as its Chief Operations Officer (COO), with responsibility for operations and merchant experience across India and its international markets, as per an exchange filing dated September 2, 2026.  

Karthik’s appointment comes as Pine Labs works to strengthen its operating structure as it expands into more markets. His role will include developing technology-based operating models for the company’s merchant operations.  

Karthik’s Professional Background 

Karthik has more than 25 years of experience across operations, risk, analytics, and technology. Before joining Pine Labs, he held leadership positions at American Express, Citibank, Amazon, Tata and Razorpay.  

His earlier roles involved operational transformation, including work on operating models and standardisation of end-to-end merchant processes.  

Pine Labs said his experience includes helping businesses scale while maintaining speed, trust and simplicity in their operations.  

Role at Pine Labs 

Karthik will oversee operations and merchant experiences across India and overseas markets. The company said the operating models under his remit will be designed to provide consistent and locally relevant processes for merchants in different markets.  

Pine Labs CEO B Amrish Rau said the company operates across more than 20 countries and that a unified operational model is becoming important as it expands its presence.  

He said Karthik’s experience in managing complex processes at high-growth companies would be relevant to the company’s expansion.  

Pine Labs Business 

Pine Labs operates a technology platform for digital commerce across South Asia, Southeast Asia, the Middle East, Africa, Australia and the United States. Its platform covers payments, issuing, credit, payment orchestration, prepaid and stored-value solutions.  

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Pine Labs Share Price Performance  

As of September 3, 2026, at 1:35 pm, Pine Labs share price was trading at ₹161.30, a 1.02% decrease from the previous closing price. 

Conclusion 

The appointment puts Karthik in charge of Pine Labs’ operations and merchant experience across its domestic and international markets. His previous experience includes senior roles at Razorpay and other companies across banking, technology and consumer businesses. 

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