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GLOBALBEES PLATFORM
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...
- FirstCry Q3 loss narrows by 70%, revenue grows nearly 15%FirstCry's consolidated operating revenue increased 14.3% to Rs 2,172.3 crore, up from Rs 1,900.1 crore in the same period last year. Reven...
- Buy Brainbees Solutions, target price Rs 692: JM FinancialJM Financial gives Brainbees Solutions stock a buy rating. The target price is Rs 692. FirstCry leads India's childcare market. It dominate...
- FirstCry-operator Brainbees Solutions shares jump 4% as JM Financial initiates coverage with buy ratingBrainbees Solutions' shares rose 4% after JM Financial initiated coverage with a ‘buy’ rating, citing FirstCry's market dominance, internat...
- 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.
- Five lakh sellers onboard ONDC so far: DPIIT secyAsked if big startups would overshadow smaller players, DPIIT secretary Rajesh Kumar Singh said it will increasingly get traction for all t...
- 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...
- Amazon's JV seller Appario starts shipping inventory to new merchants; India working on Big Tech regulationsET had reported in August last year that multiple new sellers - Dawntech, Clickteck, EZ Retail, Rocket Kommerce, VRP Telematics and Cocoblu...
- 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...
- Shake-up looms as funding party ends for roll-up ecommerce modelWill a duopoly with two of the players, Mensa and GlobalBees, taking a disproportionate share of capital lead to a major consolidation in t...
- 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 ...
- Mensa Brands takes majority stake in 10 consumer brandsFive-month-old Mensa, which is trying to build a 'tech-led house of brands' has acquired anywhere between 51% and 75% in these brands and w...
- Goat Brand Labs raises $36 million from Tiger Global, Flipkart, othersGoat Brand Labs—a Thrasio-style venture of former Flipkart executive Rishi Vasudev—has also secured debt financing of $18 million, taking t...
- 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...
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