Rajul Garg – Founder and Managing Partner - Leo Capital of Pine Labs
View Detailed Executive Profile →Professional Overview
- Rajul Garg is the founder and CEO of Pine Labs, a prominent payment solutions provider in India, which began as a startup in a college dormitory in 1998 and has since evolved into a leader in the credit card transaction market.
- Under Rajul Garg's leadership, Pine Labs has achieved a valuation of approximately $6 billion and is preparing for an initial public offering (IPO) expected in 2025/26, marking a significant milestone in the company's growth trajectory.
- Rajul Garg co-founded Pine Labs with a vision to enhance merchant commerce, and the platform has since become integral to the payment ecosystem in India, facilitating seamless transactions for numerous businesses.
- In addition to leading Pine Labs, Rajul Garg serves on several boards, contributing strategic insights and governance to various organizations, thereby influencing the broader business landscape.
- Rajul Garg is also the founder and managing partner of Leo Capital, a venture capital fund established in December 2017, which focuses on investing in early-stage technology-centric opportunities, further showcasing a commitment to fostering innovation.
- Through Leo Capital, Rajul Garg has played a pivotal role in funding and supporting emerging startups, thereby contributing to the growth of the technology ecosystem in India.
- Rajul Garg's entrepreneurial journey and insights into building successful companies have been shared in various forums, including a notable fireside chat titled "The Making of a Unicorn," highlighting the challenges and strategies involved in scaling a startup.
- Rajul Garg's contributions to the fintech sector have been recognized widely, positioning them as a thought leader in the industry and inspiring a new generation of entrepreneurs.
- Rajul Garg's strategic decisions at Pine Labs have included expanding the company's product offerings and enhancing its technological capabilities, ensuring it remains competitive in a rapidly evolving market.
- Rajul Garg's leadership style emphasizes innovation and adaptability, which has been crucial in navigating the complexities of the financial technology landscape in India.
- Rajul Garg has been instrumental in establishing partnerships with various financial institutions, enhancing Pine Labs' service offerings and market reach.
- Through their work, Rajul Garg has significantly impacted the digital payment landscape in India, contributing to the country's transition towards a cashless economy.
- Rajul Garg's vision for Pine Labs includes a focus on sustainability and social responsibility, aiming to create a positive impact on the communities served by the company.
- Rajul Garg's entrepreneurial success story serves as a case study in various academic and business discussions, illustrating the potential of startups in transforming traditional industries.
- Rajul Garg continues to advocate for innovation in the fintech space, participating in discussions and initiatives aimed at shaping the future of digital payments and financial services.
Professional Experience
| Company | Designation | Period |
|---|---|---|
| Multiple Companies | Angel Investor | Sep 2009 – Oct 2017 |
| GlobalLogic | Co-Founder and SVP, Corporate Development | Oct 2005 – Oct 2008 |
| Pine Labs | Founder and CEO | May 1998 – Dec 2003 |
| Sunstone Eduversity | Non-executive Director | Jul 2014 – Sep 2019 |
| Pine Labs | Board Member | Jan 2004 – Sep 2008 |
| Venture Capital Firms | Consultant | Dec 2008 – Aug 2009 |
| Sunstone Eduversity | Co-Founder and CEO | Apr 2010 – Jun 2014 |
| GlobalLogic | Co-Founder and COO | Apr 2000 – Oct 2005 |
| BRAIN4CE EDUCATION SOLUTIONS PRIVATE LIMITED | Additional Director | 31-Jul-2018 – 29-Sep-2018 |
| SPICE MONEY LIMITED | Director | 31-Dec-2014 – 15-Oct-2015 |
| CYGNUS MEDICARE PRIVATE LIMITED | Director | 31-Dec-2012 – 22-Feb-2013 |
| 911 INDIA HEALTHCARE PRIVATE LIMITED | Director | 30-Sep-2016 – 31-Jul-2017 |
| KNOWLARITY COMMUNICATIONS PRIVATE LIMITED | Director | 30-Sep-2013 – 19-Mar-2019 |
| BRAIN4CE EDUCATION SOLUTIONS PRIVATE LIMITED | Director | 29-Sep-2018 – 17-Sep-2021 |
| LAMBENT TECHNOLOGIES PRIVATE LIMITED11 | Additional Director | 29-Oct-2007 – 31-Oct-2007 |
| 911 INDIA HEALTHCARE PRIVATE LIMITED | Additional Director | 27-Nov-2015 – 30-Sep-2016 |
| GLOBALLOGIC INDIA PRIVATE LIMITED | Director | 27-Dec-2000 – 12-Nov-2009 |
| SPICE MONEY LIMITED | Additional Director | 27-Aug-2014 – 31-Dec-2014 |
| DIGISPICE TECHNOLOGIES LIMITED | Additional Director | 26-Aug-2013 – 20-Feb-2014 |
| ALTIUS HEALTHCARE PRIVATE LIMITED | Director | 21-May-2010 – 22-Feb-2013 |
| DIGISPICE TECHNOLOGIES LIMITED | Director | 20-Feb-2014 – 15-May-2015 |
| SUNSTONE EDUVERSITY PRIVATE LIMITED | Director | 19-Nov-2015 – 28-Jan-2022 |
| PINE LABS PRIVATE LIMITED. | Director | 18-May-1998 – 17-Aug-2010 |
| LEO CAPITAL INDIA ADVISORS LLP | Designated Partner | 16-Jun-2018 – 01-Apr-2020 |
| KNOWLARITY COMMUNICATIONS PRIVATE LIMITED | Additional Director | 10-Sep-2013 – 30-Sep-2013 |
| APPLIED LIFE PRIVATE LIMITED | Additional Director | 06-Aug-2018 – 27-Sep-2018 |
| SARA PLAST PRIVATE LIMITED | Nominee Director | 05-May-2009 – 11-Jun-2010 |
| CYGNUS MEDICARE PRIVATE LIMITED | Additional Director | 01-Jun-2012 – 31-Dec-2012 |
| PEOPLESTRONG TECHNOLOGIES PRIVATE LIMITED | Additional Director | 01-Aug-2017 – 04-Sep-2017 |
| LEO CAPITAL INDIA ADVISORS LLP | Partner | 01-Apr-2020 – 06-Nov-2020 |
| Leo Capital | Founder and Managing Partner | Dec 2017 – Present |
| TEN PEBBLES MANAGEMENT PRIVATE LIMITED | Director | 28-Aug-2009 – Present |
| APPLIED LIFE PRIVATE LIMITED | Director | 27-Sep-2018 – Present |
| SUNSTONE EDUVERSITY PRIVATE LIMITED | Director | 19-Nov-2015 – Present |
| SUNSTONE MOBILE APPS LLP | Designated Partner | 08-Apr-2015 – Present |
| SUNSTONE ALUMNI EARLY STAGE -UNO LLP | Partner | 06-Jun-2016 – Present |
| PEOPLESTRONG TECHNOLOGIES PRIVATE LIMITED | Director | 04-Sep-2017 – Present |
| SUNSTONE LEARNING PRIVATE LIMITED | Director | 04-Apr-2011 – Present |
Current Appointments
| CIN/LLP | Company | Designation | Date |
|---|---|---|---|
| AAD-7320 | SUNSTONE MOBILE APPS LLP | Designated Partner | 08-Apr-2015 |
| AAG-5859 | SUNSTONE ALUMNI EARLY STAGE -UNO LLP | Partner | 06-Jun-2016 |
| U74140DL2009PTC193689 | TEN PEBBLES MANAGEMENT PRIVATE LIMITED | Director | 28-Aug-2009 |
| U74910HR2006PTC074078 | PEOPLESTRONG TECHNOLOGIES PRIVATE LIMITED | Director | 04-Sep-2017 |
| U74999DL2013PTC255575 | APPLIED LIFE PRIVATE LIMITED | Director | 27-Sep-2018 |
| U80221DL2011PTC216991 | SUNSTONE LEARNING PRIVATE LIMITED | Director | 04-Apr-2011 |
| U80904DL2015PTC287552 | SUNSTONE EDUVERSITY PRIVATE LIMITED | Director | 19-Nov-2015 |
Previous Appointments
| CIN/LLP | Company | Designation | Period |
|---|---|---|---|
| AAM-8265 | LEO CAPITAL INDIA ADVISORS LLP | Designated Partner | 16-Jun-2018 – 01-Apr-2020 |
| AAM-8265 | LEO CAPITAL INDIA ADVISORS LLP | Partner | 01-Apr-2020 – 06-Nov-2020 |
| L72900DL1986PLC330369 | DIGISPICE TECHNOLOGIES LIMITED | Additional Director | 26-Aug-2013 – 20-Feb-2014 |
| L72900DL1986PLC330369 | DIGISPICE TECHNOLOGIES LIMITED | Director | 20-Feb-2014 – 15-May-2015 |
| U25209PN2006PTC022093 | SARA PLAST PRIVATE LIMITED | Nominee Director | 05-May-2009 – 11-Jun-2010 |
| U64100HR2009PTC058022 | KNOWLARITY COMMUNICATIONS PRIVATE LIMITED | Additional Director | 10-Sep-2013 – 30-Sep-2013 |
| U64100HR2009PTC058022 | KNOWLARITY COMMUNICATIONS PRIVATE LIMITED | Director | 30-Sep-2013 – 19-Mar-2019 |
| U67100HR1998PTC113312 | PINE LABS PRIVATE LIMITED. | Director | 18-May-1998 – 17-Aug-2010 |
| U72900DL2000PLC104989 | SPICE MONEY LIMITED | Additional Director | 27-Aug-2014 – 31-Dec-2014 |
| U72900DL2000PLC104989 | SPICE MONEY LIMITED | Director | 31-Dec-2014 – 15-Oct-2015 |
| U72900MH2000PTC129594 | LAMBENT TECHNOLOGIES PRIVATE LIMITED11 | Additional Director | 29-Oct-2007 – 31-Oct-2007 |
| U74899DL2000PTC109036 | GLOBALLOGIC INDIA PRIVATE LIMITED | Director | 27-Dec-2000 – 12-Nov-2009 |
| U74910HR2006PTC074078 | PEOPLESTRONG TECHNOLOGIES PRIVATE LIMITED | Additional Director | 01-Aug-2017 – 04-Sep-2017 |
| U74999DL2013PTC255575 | APPLIED LIFE PRIVATE LIMITED | Additional Director | 06-Aug-2018 – 27-Sep-2018 |
| U80200KA2011PTC094081 | BRAIN4CE EDUCATION SOLUTIONS PRIVATE LIMITED | Additional Director | 31-Jul-2018 – 29-Sep-2018 |
| U80200KA2011PTC094081 | BRAIN4CE EDUCATION SOLUTIONS PRIVATE LIMITED | Director | 29-Sep-2018 – 17-Sep-2021 |
| U80904DL2015PTC287552 | SUNSTONE EDUVERSITY PRIVATE LIMITED | Director | 19-Nov-2015 – 28-Jan-2022 |
| U85100PB2012PTC055469 | 911 INDIA HEALTHCARE PRIVATE LIMITED | Additional Director | 27-Nov-2015 – 30-Sep-2016 |
| U85100PB2012PTC055469 | 911 INDIA HEALTHCARE PRIVATE LIMITED | Director | 30-Sep-2016 – 31-Jul-2017 |
| U85110DL2008PTC174556 | ALTIUS HEALTHCARE PRIVATE LIMITED | Director | 21-May-2010 – 22-Feb-2013 |
| U85190DL2011PTC391657 | CYGNUS MEDICARE PRIVATE LIMITED | Additional Director | 01-Jun-2012 – 31-Dec-2012 |
| U85190DL2011PTC391657 | CYGNUS MEDICARE PRIVATE LIMITED | Director | 31-Dec-2012 – 22-Feb-2013 |
Estimated Net Worth
Estimated Range: ₹0 – ₹1000+ Cr (approx. $0 – $120M+)
Based on publicly accessible filings, industry benchmarks, and leadership compensation patterns.
Executive Contact
Official Email: Via Pine Labs corporate communication desk.
Personal Contact: Not publicly disclosed.
Frequently Asked Questions
What is Rajul Garg's net worth?
Estimated ₹0 – ₹1000+ Cr (approx. $0 – $120M+).
How can I contact them?
Through Pine Labs's official communication channels.
Is this an official profile?
No — independently created using public data.
Disclaimer
This profile is created for general informational purposes. All details are based on publicly accessible information and independent research. While accuracy is prioritized, content may not always reflect the latest updates.
Nothing here should be interpreted as investment, financial, or legal advice. The individual featured has not authored or endorsed this profile.
Personal information is intentionally withheld. For official matters, please use formal communication channels associated with the respective organization.
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Last Updated: December 2025 · Published by Affluense AI (affluense.ai)