Jeff Bezos invests in Ula; Oyo seeks $1.2 billion in IPO; and a chat on the record money flow into India's internet unicorns

Jeff Bezos is investing in an Indonesian ecommerce startup, Ula, via his family office Bezos Expeditions, TechCrunch reports. Oyo Hotels and Homes filed its draft prospectus with India's capital markets regulator on Friday aiming to raise Rs 8,430 crore ($1.2 billion) through an initial public offer of shares. Google has abandoned its plan to offer a banking service, Plex, less than a year after launching it, Wall Street Journal reports. And in our tech conversation today, Arun Natarajan at Venture Intelligence puts the massive money flow into India's internet unicorns in perspective