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FirstCry ordered to pay Rs 50,000 compensation to customer for tagging him 'fraud' after he cancelled tricycle orderA consumer commission has ordered FirstCry to pay Rs 50,000 compensation. The online retailer cancelled a customer's order without reason. ...- Kuku FM readies public market debut; SoftBank books Lenskart gainsKuku FM's parent has taken the first step towards a stock market listing. This and more in today's ETtech Top 5.
- Mirror, mirror who’s the most visible of them all?AI search is reshaping online discovery. Brands are shifting their content strategies to ensure visibility within AI answers and recommenda...
- Meta layoffs hit India; Local VCs eye Wispr Flow fundingHappy Wednesday! Tech major Meta has quietly axed a dozen India roles as part of its latest global AI-era reset. This and more in today's E...
- FirstCry reports 12% growth in revenues, cuts losses by 57% in Q4The company also cut its losses significantly in this quarter by tightening costs. Its net loss dropped 57% YoY to Rs 48 crore from Rs 112 ...
- Platforms, brands accelerate agentic commerce push as fintechs plug payment gapsIndian ecommerce giants like Flipkart and Bigbasket are building AI storefronts to enable agentic commerce, allowing AI to shop autonomousl...
- FirstCry narrows Q2 loss by 20%, revenue crosses Rs 2,000 croreThe Pune-based company’s consolidated revenue from operations rose 10% YoY to Rs 2,099 crore, compared with Rs 1,905 crore a year earlier. ...
- FirstCry parent’s Q4 net loss widens 2.5X to Rs 111.5 crore despite revenue growthThe Pune-based mother and baby care products retailer’s consolidated operating revenue, however, rose 16% YoY to Rs 1,930.3 crore during th...
- FirstCry parent Q2 net loss narrows to Rs 63 croreThis is the result of the company’s focus on improving profitability while boosting the topline, said cofounder and CEO Supam Maheshwari.
- FirstCry: Meet the man behind the baby products business that grew into a giantFounded by Supam Maheshwari and his colleague from a previous business, Amitava Saha, FirstCry has been the darling of investors which incl...
- FirstCry set to file final papers for $3-3.5 billion IPOFirstCry, a baby and mother care product retailer, will list likely at a $3-3.5 billion valuation, sources in the know told ET. It will be ...
- 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 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
- 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...
- Bollywood actor Lara Dutta partners with FirstCry to launch kids fashion labelThe brand name is linked to Bhupati’s daughter Saira – it spells her name in reverse.
- FirstCry appoints bankers, eyes IPO in 2022FirstCry cofounder and CEO Supam Maheshwari declined to comment while emails sent to Kotak Mahindra Capital and Morgan Stanely are yet to e...
- Exclusive: India's sovereign wealth fund may make first digital bet with FirstCryThe National Investment and Infrastructure Fund (NIIF) in talks to pick up stake in FirstCry in $150-$200 million secondary deal, providing...
- SoftBank to pick up 42% in FirstCry for $400 millionNone of existing investors exiting baby and mother care product retailer; funds to be used for expansion
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