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FIRSTCRY ACQUISITION
Ex-Peak XV trio raises Mettle; Fintechs go licence huntingHappy Thursday! Three former Peak XV MDs, who abruptly left the VC firm, are launching Mettle Capital to back Indian startups. This and mor...- 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...
- Firstcry parent to extend hygiene play with KA Enterprises acquisitionFirstCry's parent company is expanding its hygiene offerings. A subsidiary will acquire KA Hygiene for Rs 57.74 crore. This move aims to st...
- FirstCry’s GlobalBees takes full control of Cloud Lifestyle with Rs 60.29 lakh stake buyThe all-cash deal makes Cloud Lifestyle, a personal care, beauty, and wellness products company, a wholly owned subsidiary of GlobalBees. C...
- Insolvency plea filed against FirstCry subsidiary GlobalBeesIn an exchange filing, BrainBees Solutions, parent company of FirstCry, said that Ashutosh Garg, Paritosh Garg and Manju Agarwal have petit...
- GlobalBees CEO Nitin Agarwal resigns; Anuj Jain to take overNitin Agarwal, CEO of FirstCry’s house of brands arm GlobalBees, has resigned citing personal reasons, according to a stock exchange filing...
- 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.
- When Anand Mahindra decided to 'support' FirstCry than 'fight it'FirstCry, an e-commerce giant in the baby care segment, made its D-Street debut on the National Stock Exchange (NSE) on Tuesday. Mahindra P...
- 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...
- Ratan Tata to make 450% profit from FirstCry IPO but loss for Sachin TendulkarBillionaire business tycoon Ratan Tata is all set to make multibagger returns of 448.9% or a handsome profit of Rs 2.96 crore in the initia...
- 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...
- 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 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...
- 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...
- 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...
- SoftBank-backed FirstCry acquires playschool chain OiThe move, which is the second major acquisition by FirstCry after it bought Mahindra’s baby care retail business Babyoye in 2016, will allo...
- FirstCry parent's revenue rises to Rs 239 crore in FY17The total revenue was Rs 239 crore for the period, a jump from Rs 173 crore the year before.
- 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
- Online baby products seller FirstCry to acquire BabyOye for Rs 362 croreFirst-Cry will acquire the unit of $18 billion software-to-automobiles congolmerate Mahindra & Mahindra, which in turn will invest in the P...
- 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 ...
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