India Digest: EXLService closes SCIO deal; Paytm buys NightStay; Salebhai IPO

India Digest: EXLService closes SCIO deal; Paytm buys NightStay; Salebhai IPO

Signage for digital-payments provider Paytm, operated by One97 Communications Ltd., is displayed at a shop selling printer cartridges in Mumbai, India, on Friday, Jan. 27, 2017. Photographer: Dhiraj Singh/Bloomberg

BPO firm EXLService Holdings has completed the acquisition of Connecticut-based SCIOInspire Holdings while Paytm has reportedly acquired Noida-based last-minute hotel booking app NightStay. In a separate development, Brand Capital-backed Salebhai said it has received in-principle approval from the Bombay Stock Exchange for its IPO.

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