SoftBank Invests USD 160 million in E-Commerce Platform PatPat
The e-commerce platform selling matching outfits for babies and families has gained more than USD 700 million so far. September 13, 2021 SoftBank’s Vision Fund 2 has invested USD 160 million in PatPat, a global e-commerce platform selling babywear and matching family dresses. This is followed after the startup had raised USD 510 million from […]
LEGO Redoubles Commitment to Asia Pacific with Government Partnership to Invest in Singapore Hub
The Singapore Hub plays a vital role in helping the LEGO Group reach children in need through its learning through play programmes. August 06, 2021 The LEGO Group has underlined its commitment to expansion in Singapore and the Asia Pacific region with the promise of greater investment in developing key digital and creative teams at […]
FirstCry Raises USD 315 Million by Private Equity Investors
The current investment has doubled the valuation of the leading omnichannel platform for baby, mother and kids. March 30, 2021 A consortium of private equity investors – TPG, ChrysCapital, and Premji Invest – has invested around USD 315 million in Firstcry, valuing the omnichannel children’s retailer at around USD 1.9-2.1 billion, three people with direct […]
Children’s healthy snack brand Timios raises Pre Series A funding
The funding round was led by Mysuru-based Rangsons Technologies LLP, part of NR Group, with participation from Paipal Ventures LLP June 06, 2020 Timios, a Bangalore-based packaged healthy snack brand for children has raised Pre Series A funding led by Rangsons Technologies LLP, part of NR Group. The round also saw participation from Paipal Ventures […]
Sequoia may lead the venture round for Mamaearth with about USD 20 mn
The Asia’s first MadeSafe certified baby care brand is slated to acquire investment in a Series- B round of funding July 12, 2019 Mamaearth, an online retail brand offering a range of toxin-free and hypoallergenic baby and toddler products, is expected to gain up to USD 20 million (about Rs 137 crores) in a Series […]
Softbank invests USD 60 million in Grofers
The online delivery platform, Grofers has products categories such as Groceries & Staples, Personal Care, Baby & Kids, so on and so forth. April 01, 2019 Grofers has raised an investment worth about USD 60 million from a leading Japanese multinational holding conglomerate SoftBank. The company has acquired this funding in a fresh Series F […]
Venture Catalysts backs diaper brand Superbottoms
Cloth diapers brand Superbottoms gets financial backing by a leading incubation platform February 06, 2019 Venture Catalysts is a leading incubation platform that systematizes and provides a range of support to emerging enterprises, has invested in the sustainable cloth diaper maker, Superbottoms. Founded in December 2015 by Dr Apporv Ranjan Sharma, Anil Jain, Anuj Golecha […]
Owner of Hopscotch, Hit The Mark to raise about Rs. 528 crores
The privately held company, Hit The Mark, Inc, to raise capital with Barclays to mandate the round of investment January 29, 2019 Hit The Mark, which owns the baby apparel and clothing platform, Hopscotch, is to raise around Rs. 352-528 crores (USD 50-75 million) with the London-headquartered financial investment firm Barclays to assist in acquiring […]
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 […]
MamaEarth has raised an investment worth Rs. 29 Crores
The investment from Stellaris Venture Partners and some other corporate would aid in bolstering up the foothold of the brand in the baby care market September 12, 2018 Gurgaon-based mother and baby care brand MamaEarth has bagged an investment worth USD 4 million (Rs. 29 crores approx.) from Stellaris Ventures Partners and some others investors. […]