FirstCry in talks to raise up to USD 200 mn
Asia’s largest online omnichannel platform for baby care, maternity, and kids products is also looking at going initial public offering (IPO) way over the next two years. February 20, 2021 Pune-based baby care, kids, and maternity products retailer FirstCry is looking to raise USD 150-180 million in secondary funding which is expected to double the […]
FirstCry enters into kids education sector by acquiring Oi Playschool
Softbank-backed baby products e-tailer has announced its entry into the early childhood education. December 19, 2019 Firstcry Group’s Edubees Education has acquired play school chain Oi Play Schools of Hyderabad-based People Combine, the owner of Oakridge International Schools. While the amount of the deal is undisclosed, FirstCry seeks to leverage its premium chain and educational […]
Big boost to baby care retail- FirstCry gets commitment of investment from SoftBank
Japanese multinational firm SoftBank is to invest USD 400 million in FirstCry, out of which USD 150 million has been invested. January 23, 2019 Japan-headquartered telecom and internet multinational conglomerate SoftBank’s Vision Fund has committed to invest USD 400 million (that is equivalent to Rs. 2849 crores) in baby care and maternity products retailer FirstCry […]
FirstCry to raise capital worth about USD 150 million
The online baby products retailer FirstCry may soon secure investments from Alibaba, SoftBank October 25, 2018 FirstCry (Brainbees Solutions Pvt. Ltd.), the Pune-based baby and maternity care products e-retailer is about to raise capital worth about USD 150 million (Rs. 1100 crores approx.) in a new round of funding. The brand is in talks with […]