Information Technology Pine Labs buys Bengaluru-based Qwikcilver for $110 million Updated : March 19, 2019 11:16 PM IST The combined gift solutions business will be the largest in India with a customer base of over 250 brands and retailers and 1,500 enterprise customers, the company said in a statement. Pine Labs processes annualised payments of $20 billion. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.