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Monday, November 11, 2024

Amitava Saha

Brainbees Solutions Limited, the parent company of the recently listed omnichannel kids-focused brand FirstCry, has announced a substantial investment of AED 50 million (INR 114.1 crore) in its UAE subsidiary, FirstCry Management DWC LLC. Q1 F͏Y25͏ Results: ͏The...
FirstCry, a kids-focused omnichannel retailer, recorded a consolidated net loss of INR 278.2 Cr for the nine months ending December 2023 in the financial year 2023-24 (FY24). The Pune-headquartered startup reported a consolidated net loss of INR...

IPO-bound FirstCry faces soaring losses, reporting over 500% surge to INR 486 Crores in FY23

IPO-bound omnichannel retailer FirstCry witnessed a fivefold increase in its net loss during the financial year concluding on March 31, 2023. The Mumbai-based startup...

Ahead of IPO, SoftBank Fund offloads more FirstCry shares

SoftBank Vision Fund, the largest shareholder in IPO-bound omnichannel retailer FirstCry, has divested more shares, opening the door for additional family offices and individuals...

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