 "Ola may pause international expansion for the second time in 2 years")
Ola picks banks for $1 billion IPO, may file papers in Oct: Report
Ride-hailing startup Ola has selected banks including Citigroup Inc. and Kotak Mahindra Bank Ltd. to manage its Mumbai initial public offering that could raise about $1 billion, according to people familiar with the matter.
The company, backed by SoftBank Group Corp. and Tiger Global Management, has also picked Morgan Stanley for the listing, said the people, who asked not to be named as the information is private. Read more
Payment firm PhonePe receives broking licence from insurance regulator
Walmart-backed payment firm PhonePe on Monday said it
