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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’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...
- 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...
- 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...
- 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 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
- 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...
- 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...
- 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.
- Exclusive: Thrasio eyes India entry, in talks to acquire Lifelong OnlineThe US-based company has lined up about $500 million for the Indian market
- 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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