60/40: The Future of Pine Labs with Amrish Rau // Blusmart's downfall // Indonesia's change of heart

Pine Labs is one of India's hottest fintech startups, a position cemented by recent headlines over its upcoming IPO. We hear firsthand from Amrish Rau, CEO of Pine Labs, on his journey to transform the company from a hardware, offline based payments company to the leading fintech solutions provider of the future. For hot takes of the week, we turn our attention to the Blusmart/Gensol case in India, before wrapping up on Indonesia possibly relaxing its Local Content Requirements in response to the Trump tariffs. Timestamps 1:12 Why did Amrish take over the 20-year old Pine Labs in 2020? 10:02 Pine Lab’s competitive moat 13:50 Reinvigorating a 20-year old company 17:25 The best and worst day of a founder’s life 21:20 The future of payments in India 29:00 Great leaders look at input metrics 33:20 What to expect from the pending IPO 40:30 Blusmart, not so smart 52:30 Is Indonesia changing its tune on Local Content Requirements? 1:02:40 AI taking over healthcare Give us feedback or nominate topics & speakers at 6040podcast@techinasia.com 60/40 is co-hosted by Prashanth Ranganathan, Peter Bithos, and Maria Li. Special thanks to our guest, Amrish Rau, CEO of Pine Labs