Pine Labs Raises More Money: $600 Million Funding Round  Crowdfund Insider. : Pine Labs is raising more money, according to a statement from the firm. Pine Labs says that Fidelity Management & Research Company, funds managed by BlackRock, Ishana, Tree Line, and a fund advised by Neuberger Berman Investment Advisers LLC are all participating in the funding. IIFL AMC via its ‘Late-Stage Tech Fund’ and Kotak are also joining in, subject to approval from the Securities and Exchange Board of India (SEBI), bringing the total round size to over USD$ 600 million.