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FirstCry News

01 May 2024

FirstCry CEO’s Remuneration Drops 49% To Rs 8.6 Crore A Month

FirstCry has refiled its DRHP for an Initial Public Offer (IPO) with the Securities and Exchange Board of India (SEBI), to raise Rs 1,816 crore via fresh issue of shares.

26 Dec 2023

SoftBank Likely Sells $310 mn Worth Shares In IPO-Bound FirstCry

SoftBank sold shares amounting to around Rs 630 crore this time. SoftBank had invested $400 million in FirstCry at a valuation of around $900 million. FirstCry is likely to list only after the 2024 general elections.

20 Sep 2017

Willing to support startups with passionate founders: Ratan Tata

"A founder who has a passion to stay with something and build it into a sustainable company is somebody I tend to support," he said.

Mahindra & Mahindra

15 Oct 2016

Mahindra & Mahindra sells franchise business of BabyOye to FirstCry

A year after acquiring online maternity and childcare brand BabyOye, Mahindra & Mahindra (M&M) on Saturday said it will sell its franchise business to competitor FirstCry for Rs 362.1 crore on a slump sale basis and also invest in it.

08 Apr 2015

FirstCry raises Rs 224 cr; to double branded stores to 200

With this round, the firm, which claims to be Asia's largest online store for babies and kids products, has raised a total of around USD 70 million.

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