Indian payments unicorn Paytm hires four official bankers for its proposed $3b IPO

Indian payments unicorn Paytm hires four official bankers for its proposed $3b 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

One97 Communications Ltd., has roped in JP Morgan Chase & Co., Goldman Sachs, Morgan Stanley, and ICICI Securities Ltd. as official bankers for its proposed initial public offering (IPO), later in November, this year, according to two individuals aware of the discussion.

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