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, […]
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 […]
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 […]