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FIRSTCRY STAKE SELL
Early investors to gain big as FirstCry and Ola Electric go publicInvestors in FirstCry, Ola Electric, and Unicommerce experienced substantial gains when these startups went public. Early stakeholders, inc...- Early investors to gain big in FirstCry, Ola Electric, Unicommerce IPOsAs new-age companies FirstCry and EV maker Ola Electric are set to hit the bourses, investors who took the bets on these companies at the r...
- SoftBank-backed FirstCry, Unicommerce get IPO NodSoftBank, Bahl, and Bansal, with an indemnity pact, face losses as FirstCry's online sales dominate, impacting revenue negatively.
- Sebi clears FirstCry and Unicommerce IPOFirstCry, an omnichannel baby products retailer, and ecommerce enterprise software developer Unicommerce have received approval from Sebi f...
- Firstcry founder Supam Maheshwari sells stake worth Rs 302 crore days before IPO filingAccording to the DRHP, Maheshwari held about 7.46% stake as a promoter 10 days before the company filed its IPO prospectus with Sebi. As on...
- IPO-bound FirstCry's CEO Supam Maheshwari offloads shares worth Rs 300 crore: ReportSupam Maheshwari, cofounder and CEO of mother and child care e-commerce platform FirstCry has reportedly offloaded 6.2 million shares prior...
- SoftBank took home $1.8-1.9 billion from four listed portfolio companiesJapanese investor SoftBank has sold stakes worth $1.8-1.9 billion during the public offerings and through post-listing sales in four Indian...
- Ratan Tata to sell all his 77,900 shares in FirstCry IPOThe average cost of acquisition of shares by Tata comes to Rs 84.72 per share, shows FirstCry's draft red herring prospectus (DRHP) filed w...
- FirstCry parent files IPO papers, to raise Rs 1,816 crore via sale of new sharesExisting investors including SoftBank, Premji Invest also selling shares; company to use IPO proceeds for new stores, overseas expansion
- FirstCry parent files draft IPO papers: Six key takeawaysOmnichannel retailer FirstCry aims to raise Rs 1,816 crore through the issue of fresh shares, along with an offer for sale of more than 54 ...
- FirstCry files IPO papers to raise Rs 1,816 crore. SoftBank, Mahindra & Mahindra to sell stakeFirstCry IPO: Firstcry's parent Brainbees Solutions will sell shares worth Rs 18.16 billion ($218 million) and existing investors, includin...
- SoftBank Vision Fund sells more of its FirstCry stake ahead of IPOFamily offices of Indian cricketer Sachin Tendulkar, Ravi Modi of ethnic wear brand Manyavar, Infosys cofounder Kris Gopalakrishnan, and TV...
- SoftBank-backed FirstCry set to file for IPO, eyes $500-600 million raiseFirstCry will be the second Indian vertical e-commerce platform to go public after Nykaa’s IPO in 2021. The Pune-headquartered company spec...
- Three Indian family offices pick up Rs 435 crore SoftBank stake in IPO-bound FirstCrySoftBank, which held 29% in the company, is believed to have diluted its stake by about 1.5-2% as part of the secondary share sale.
- Exclusive: Manipal Group’s Ranjan Pai in talks for stake in FirstCryPai is expected to invest around Rs 250 crore in the ecommerce firm as part of a broader secondary share sale at FirstCry at a valuation of...
- FirstCry plans secondary offer to sovereign funds at $ 3 billion valuationInitial talks on for around $100m transaction; SoftBank to sell small stake.
- SoftBank, others may pare FirstCry stake pushing company valuation to $4 billionAhead of IPO, Secondary Round likely to bring local PEs on board, etailer holds talks with Kedaara Cap.
- FirstCry’s NIIF deal falls through; Premji Invest to buy the stakeThe development comes at a time when FirstCry has also begun work to go public later this year. It appointed Kotak Mahindra Capital and Mor...
- NIIF-FirstCry deal falls through; Premji Invest to step in valuing etailer at $2.7-3 billionThe company’s parent, Brainbees Solutions, was valued at more than $2 billion earlier. SoftBank is its single largest shareholder, with aro...
- Exclusive: FirstCry's early investors look to sell stake at $2.1 billion valuationThe valuation being ascribed to BrainBees Solutions (FirstCry) is almost double of its previous funding round in 2019.
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