Subscribe

Family offices of Ranjan Pai, Harsh Mariwala and Hemendra Kothari buy FirstCry stake from SoftBank

  • The three family offices acquired the stake for Rs 435 crore.
  • FirstCry, an omnichannel retailer for kids, raised about $425 million to date with SoftBank previously holding a 40% stake.
  • Despite revenue surges, FirstCry recorded a loss of Rs 79 crore in FY22.
0
0
0
Share 0
Tweet 0
Share 0
Via
Join 2 million subscribers





subscribe to the nextbigwhat newsletter​

A curated newsletter that summarizes the important news at the intersection of Global tech, India Tech and AI.

Delivered 8 AM. Daily.

More news »

Total
0
Share
nextbigwhat We would like to show you notifications for the latest news and updates.
Dismiss
Allow Notifications