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GLOBALBEES INSOLVENCY
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 revenue rises 13% YoY to Rs 1,863 crore, net loss narrowsBrainbees Solutions, the parent company of FirstCry, reduced its net loss in the June quarter as sales increased. Operating revenue saw a r...
- Sebi eases Esop rules; VCs chase secured creditThe markets regulator has relaxed Esop rules for founders preparing to take their companies public. This and more in today’s ETtech Morning...
- Urban Company turns profitable; GlobalBees faces insolvencyIPO-bound at-home services company Urban Company turned profitable in FY25. This and more in today’s ETtech Top 5.
- 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...
- House of cards: Roll-up ecommerce model stumbles as founders reclaim brands amid funding strugglesOvervalued acquisitions, financial mismanagement, and unmet promises have led to founders buying back brands at a fraction of the original ...
- Byju’s Rs 158 crore BCCI settlement; FirstCry IPO detailsEmbattled edtech startup Byju's has arrived at a settlement with the Board of Control for Cricket in India. Details on this and more in tod...
- Ashni Biyani's company to attempt Thrasio modelThink9 Consumer, a multi-brand platform promoted by Ashni Biyani, daughter of Future Group chairman Kishore Biyani, is in talks with close ...
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