FirstCry Recent News & Articles

General News

Aug 29, 2023 Grapevine: FirstCry co-founder faces tax probe; Piramal to invest in PE, VC funds

Apr 14, 2023 Grapevine: KKR buys road asset; SoftBank looks to pare stake in FirstCry

May 6, 2022 Mahindra Retail to sell partial stake in FirstCry parent’s IPO

Apr 28, 2022 Exclusive: FirstCry converts into a public company

Aug 18, 2021 SoftBank-backed FirstCry takes significant minority stake in kid snacks maker Timios

Jul 19, 2021 FirstCry’s Thrasio-style venture secures $150 mn, onboards Lightspeed Venture

Apr 29, 2021 Grapevine: FirstCry venture to hunt sellers on ecommerce marketplaces; upGrad to raise funds

Mar 30, 2021 SoftBank-backed FirstCry buys diaper firm in third acquisition

Feb 17, 2021 Grapevine: TPG, others eye stake in FirstCry

Funding News

Dec 28, 2023 FirstCry files DRHP; SoftBank claims 37.35% of total OFS

Feb 2, 2022 India’s sovereign wealth fund gets CCI nod to invest in SoftBank-backed FirstCry

Jul 19, 2021 GlobalBees raises record $150 Mn in Series A led by FirstCry

Jan 22, 2019 Firstcry raises $150 Mn at $850 Mn valuation from Softbank

Sep 28, 2017 Online baby products retailer FirstCry plans to raise over $100 Mn

Apr 25, 2016 Hybrid online-offline baby and kids products retailer Firstcry raises $15M in Series C led by Temasek’s VC arm

Financial News

Dec 27, 2023 FirstCry reports Rs 5,632 Cr revenue in FY23; losses spike 6X

Aug 23, 2023 Softbank offloads minor stake in FirstCry ahead of IPO

Aug 21, 2023 Ranjan Pai’s family office and others acquire stake in FirstCry from SoftBank

May 12, 2023 FirstCry posts Rs 2,400 Cr revenue in FY22, slips into losses

Oct 6, 2020 FirstCry to buyback ESOPs worth Rs 31 Cr as retained profits touch Rs 230 Cr

Feb 7, 2020 FirstCry turns unicorn with $300 Mn investment from SoftBank

Nov 28, 2019 FirstCry forays into kids education biz, acquires Oi Playschool

Sep 26, 2018 FirstCry’s losses reduce by 86.13% in FY18; compensates for famine of funds

Oct 30, 2017 FirstCry revenue rises to Rs 239 cr, but so does loss at Rs 393 cr in FY17