SoftBank Sells 4.5% Stake in India’s Paytm for ~USD200m

Source(s): VCCircle

SoftBank sold a 4.5% stake in India-based payments app Paytm for INR16.3b (~USD200m) on the NSE. The sale follows the end of one-year mandatory lock-in for pre-IPO investors in Paytm. Read more