Investment venture, based in New Delhi, GlobalBees has announced that it has secured $150 million in FirstCry led Series A funding round. The round saw participation from its existing investors and Lightspeed Venture Partners. The announcement also informed that SoftBank’s Vikas Agnihotri, Harsha Kumar from Lightspeed, Atul Gupta of Premji Invest, Kshitij Sheth of Chrys Capital, and Sudhir Sethi of Chiratae Ventures will join the company’s board. Speaking on…
Online Baby and Kids Store – FirstCry has raised $315 million from a consortium of private equity investors – ChrysCapital, TPG, and Premji Invest. Founded in 2010 by Supam Maheshwari and Amitava Saha, Firstcry is now valued at around $1.9-$2.1 billion with the recent investment. Some of the brands available on FirstCry.com include Chicco, Graco,…
Pune-based baby products marketplace Firstcry has recently raised $296mn (approx 2120Cr) in Series E funding from Japanese conglomerate Softbank’s Vision Fund. With the latest infusion of funds, Firstcry has entered the Unicorn Club. According to the company filing submitted to the Ministry of Corporate Affairs, a Cayman Island-based subsidiary of Softbank SVF Frog has invested…