India’s Sovereign Wealth NIIF Invests in FirstCry
The majority of the secondary financing of FirstCry is from NIIF and Premji, and a few other investors have also onboarded in this new funding round. February 11, 2022 India’s sovereign wealth fund – the National Investment and Infrastructure Fund (NIIF) — has made its first bet on FirstCry, India’s largest e-commerce firm for newborns, […]
Softbank invests USD 400M in Indian baby products retailer FirstCry
The Pune-based omnichannel retailer has more than 400 stores in the country and is consistently expanding its both-online as well as physical presence. February 19, 2020 SoftBank, the Japan conglomerate is going to invest USD 300 million (Rs 2,120 crores) in the baby care and mother care products omnichannel retail company. The Japanese conglomerate will […]