 "Oyo")
SoftBank-backed Indian hospitality startup Oyo Hotels & Rooms has shortlisted JP Morgan, Kotak Mahindra Capital and Citi for a more than $1.2 billion initial share sale, a financial news website reported on Monday, citing multiple industry sources.
The three investment banks were taken on board recently, Moneycontrol reported, quoting one of the sources.
The work on the initial public offering has started, the report said, adding the company is leaning
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