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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 ...- FirstCry subsidiary Globalbees increases stake in appliances brand Candes to 92%Brainbees Solutions’ subsidiary, Globalbees Brands, has raised its stake in Candes Technology from 62% to 92% by buying an additional 30% f...
- Tears of joy: Firstcry shares soar 20% but stock still 47% lower from IPO priceFirstcry operator Brainbees Solutions shares surged 20% amid heavy volumes, recovering after recent declines. Despite the rally, the stock ...
- 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.
- IPO-bound FirstCry reports 15% jump in FY24 revenue to Rs 6,481 crore, losses down 34%FirstCry reported a 15% increase in operating revenue to Rs 6,481 crore and reduced losses by 34% in FY24. The Pune-based firm's internatio...
- FirstCry refiles IPO papers, reports December revenue at Rs 4,841 croreFirstCry’s IPO size will be the same, as per the IPO papers. It intends to raise $218 million (about Rs 1,815 crore) in primary funding thr...
- FirstCry to refile IPO papers post Sebi orderFirstCry is set to withdraw its papers for an up to $500 million IPO as early as next week, after India's markets regulator raised question...
- 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...
- Logistics firm Xpressbees buys Trackon in all-cash dealAmitava Saha, chief executive of Xpressbees, said he will leverage his logistics firm’s existing network to scale up Trackon across the cou...
- 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...
- India's sovereign wealth fund invests in FirstCry; SoftBank, others offload stake in secondary dealChiratae Ventures and Newquest Capital Partners have also sold parts of their holding in the company. SoftBank will still have around 30% i...
- FirstCry now in talks to raise Rs 666 croreBrainbees Solutions, the owner of online baby products retailer, looks for a valuation of $400-500 million in a new round of fundraising
- Firstcry acquires Mahindra's baby care franchisee business for Rs 362 croreThe deal is a stock transaction, under which Firstcry owner Brainbees Solutions will issue shares worth Rs 355 crore to Mahindra Group and ...
- FirstCry on a hiring spree in an offline push; to have 200 stores by mid 2016The Pune-based retailer, which operates through a franchisee based business model, has doubled its headcount to about 800 in the past six m...
- FirstCry spends around Rs 20 crore; hands out one million gift boxes to moms in hospitalsThe company, which first conducted a pilot with around 200 hospitals in Pune, has so far partnered with more than 7,500 hospitals across th...
- Firstcry raises Rs 62 crore more; to strengthen tech team with focus on mobileSan Francisco-headquartered hedge fund Valiant Capital led the round. NEA’s infusion takes the total capital raised to date by Brainbees So...
- Firstcry launches worldofmoms.com to woo digital momsThe firm plans to put emphasis on classifieds sections where ads of infant-related products and services such as play schools, day care fac...
- Babycare internet portals offer offline deals to boost salesFirstcry gifted newborns in over 6,000 hospitals across 18 cities with hampers containing diapers and other such goods sold on the site.
- Kids-focussed ecomm companies give away offline deals to boost salesFirstcry has set up a team and built special technology platforms for analytics, which helps brands track post-trial sales online.
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