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 […]
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 […]
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 […]
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 […]
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 […]
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 […]