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...
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...
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...
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...
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...
Kotak Equities forecasts robust growth for BrainBees: 17% revenue, 30% EBITDA CAGR; initiates 'add' ratingFirstCry, India’s largest multi-brand platform for mothers, babies, and kids, served 8.7 million ATCs in FY2024 through its e-commerce site...
FirstCry arm Globalbees logs 55% jump in Q2 revenueAccording to Supam Maheshwari, cofounder and CEO, the growth is the result of an increase in demand for direct-to-consumer (D2C) products.
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 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 subsidiary Globalbees signs pact to sell overseas brands in IndiaNitin Agarwal, cofounder and CEO of Globalbees, told ET in an interaction that the firm has signed up around 10 such brands, including Aust...
GlobalBees enters unicorn club with $110 million funding led by Premji InvestPost the investment, GlobalBees said its valuation has risen to $1.1 billion.
Firstcry’s roll-up platform GlobalBees invests in three startupsAs part of the deal, the founders and the respective teams of the three brands Healthyhey, Rey Naturals and Intellilens will become a part ...
GlobalBees acquires homegrown millennial skincare brand ProlixrWith this acquisition, GlobalBees has entered the personal care segment, which is expected to reach $37.2 billion in India by the year 2025.
GlobalBees acquires women's health brand andMeThis acquisition comes within a month of the Thrasio-style aggregator acquiring The Better Home, a sustainable home care products maker.
Blackstone's edtech bet; GlobalBees and Spinny score bigFrom Blackstone's newest edtech bet to GlobalBees's $150 million fundraising and the latest on the Pegasus spyware, here's a quick look at ...
GlobalBees, a Thrasio-style investment platform, raises $150 millionGlobalBees’ funding round, the biggest for a Thrasio-style startup in India, was led by FirstCry and some of its investors and included Lig...