FirstCry
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Vaishnavi Gupta Feb 13 2020 - 1 min readFirstcry has secured $296 million in Series E funding round from Japan-based marquee investor Softbank’s Vision Fund. This recent investment is the first tranche of the total $400 million funding that has been committed by Softbank. The additional $100 million is reserved by Softbank to be invested on the second anniversary of the transaction ...
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Francast Report Dec 05 2019 - 2 min readFor a country that produces over 25 million babies in a year, there can never be enough baby stores, which is also why the country is home to Asia’s largest online store for baby needs. Launched in the year 2010, FirstCry, owned by Pune-based BrainBees Solutions, is said to have more than 2 lakh SKUs. ...
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Vaishnavi Gupta Dec 02 2019 - 2 min readFirstCry has acquired Oi Playschool for an undisclosed amount of money. With this acquisition, the online-first baby products retailer has forayed into the pre-primary education segment. The Pune-based company acquired Oi Playschool, a part of the People Combine Group, through Edubees Education. Hyderabad-based LoEstro Advisors acted as the exclusive financial advisor to Oi Play ...
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Nikita Arya Feb 26 2019 - 3 min readA few years back, kids’ fashion did not really exist as a concept in India. The choices for baby products in India were limited and parents had to rely upon their trips abroad to getthings like clothes, shoes and accessories for their new-borns and toddlers. Seeking a solution of this problem, Supam Maheshwari, discovered an ...
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Franchise India Bureau Dec 18 2018 - 1 min readIndustry body Nasscom has partnered with the Indian Institute of Technology (IIT) Madras for its FutureSkills Platform. Under this platform, Nasscom is targeting to re-skill/upskill four million people from the IT-ITeS industry, students entering the workforce and employees of other industries/government on digital skills. Nasscom said, "The partnership (with IIT-Madras) will facilitate the building of ...