India Dealbook: Paytm bank gets nod for $9m rights issue; Sequoia part exits Just Dial

India Dealbook: Paytm bank gets nod for $9m rights issue; Sequoia part exits Just Dial

Advertisements of Paytm, a digital wallet company, are seen placed at stalls of roadside vegetable vendors in Mumbai, India, November 19, 2016. REUTERS/Shailesh Andrade

While Paytm Payments Bank has got approval for a $9 million rights issue, Sequoia has sold shares worth $21 million in Just Dial.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter