FirstCry Founder Supam Maheshwari Sells Over 62 Lakh Shares Ahead of DRHP Filing for INR 1,816 Cr IPO

FirstCry

Unraveling the Share Sell-Off: FirstCry Founder’s Pre-IPO Maneuver Raises Questions and Expectations Introduction: In a strategic move just days before the filing of the Draft Red Herring Prospectus (DRHP) for its much-anticipated Initial Public Offering (IPO) of over INR 1,816 Crores, Supam Maheshwari, the founder and Managing Director of SoftBank-backed ecommerce unicorn FirstCry, offloaded more … Read more

FirstCry’s Unique Blend: E-commerce Unicorn Ventures into Early Education with 180 Preschools

SoftBank

Unveiling FirstCry’s Multifaceted Journey: From E-commerce Triumphs to Nurturing Young Minds in Preschools Introduction: FirstCry, the well-known omnichannel marketplace backed by SoftBank, has made waves in the business world by filing its draft papers for an initial public offering (IPO). Beyond its success in the e-commerce sector, what sets FirstCry apart is its venture into … Read more

FirstCry Achieves Record Sales of INR 1,407 Cr in Q1 FY24, Files for INR 1,816 Cr IPO

firstcry

Navigating Growth: FirstCry’s Bold Moves in Q1 FY24 and the Journey Towards IPO Excellence SoftBank-backed omnichannel retail startup FirstCry has made significant strides in the first quarter of the financial year 2024, reporting an impressive sales figure of INR 1,406.9 Cr on a consolidated basis. The latest financial disclosure also sheds light on the company’s … Read more

FirstCry Files DRHP for IPO, Aiming to Raise INR 1,816 Cr

FirstCry

FirstCry’s IPO Filing Unveils Ambitious Plans to Raise INR 1,816 Cr. Explore Strategies, Stakeholders, and Future Ventures Pune-based omnichannel marketplace, FirstCry, has taken a significant stride towards its initial public offering (IPO) ambitions by filing the draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI). The ecommerce unicorn, led by … Read more