Pine Labs has put a ceiling on its technology workforce even as it pushes harder on global expansion.

Speaking exclusively to CNBC-TV18, CEO Amrish Rau said the fintech company will not add a single new engineering headcount beyond the 1,000 technologists, engineers and product managers it already has across group companies. The company is instead focusing on productivity and sharper utilisation of its existing team.

“We have 1,000 technologists, engineers and product managers across the various group companies that we have today. We don't believe we will hire even one more person beyond the 1,000 numbers that we have today,” Rau said.

Rau indicated that the company’s ambitions continue to grow rapidly and that Pine Labs is moving deeper into global markets, which means engineering work

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