| Date | Title | Description |
| 04.04.2026 | New-Age Tech Stocks Advance In Holiday-Curtailed Week, Ola Electric Top Gainer | SUMMARY
Thirty one out of the 55 new-age tech companies under Inc42’s coverage gained in a range of 0.26% to close to 17% this week
Eleven new-age tech stocks – Wakefit, MobiKwik, FirstCry, Awfis, DroneAcharya, DevX, EaseMyTrip, Unicommerce... |
| 02.04.2026 | Quick commerce bets on baby care as start-ups target always-on parenting needs | - |
| 24.03.2026 | Baby products quick commerce startup Ozi raises $6.2 million led by RTP Global | Synopsis
Ozi has raised $6.2 million led by RTP Global with participation from existing investors Blume Ventures, Huddle Ventures, Zeropearl VC, and some angel investors. The funding will be used to deepen Oziâs operations across Gurugram... |
| 21.03.2026 | New-Age Tech Stocks Bounce Back, FirstCry Biggest Gainer This Week | SUMMARY
Thirty four of the 55 new-age tech companies under Inc42’s coverage gained in a range of 0.12% to over 12% this week
FirstCry emerged as the biggest gainer, with its stock zooming over 12% to end the week at ₹250.4
While the Sensex ... |
| 11.03.2026 | Toy Manufacturer Aditi Toys Raises ₹36 Cr For Global Expansion | SUMMARY
The fresh funding round was led by venture capital firm GVFL, with participation from Aditi Toys’ family and friends
The newly raised capital will help the toy maker to fuel product innovation and market expansion across India and k... |
| 24.02.2026 | Top 100 private cos clock valuation of ₹28.5 lakh crore | - |
| 13.02.2026 | FirstCry Q3: Loss Jumps 160% YoY to ₹38.4 Cr | SUMMARY
On a sequential basis, loss declined 24% from ₹50.5 Cr
Operating revenue for the quarter under review grew 12% YoY and 16% QoQ to ₹2,423.6 Cr
Total expenses jumped 12.7% YoY to ₹2326.6 Cr
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| 17.01.2026 | Groww, ArisInfra Shine Amid Bearish Week For New-Age Tech Stocks | SUMMARY
During January 12-16, 33 of the 50 new-age tech stocks under Inc42’s coverage declined in a range of 0.59% to about 10%
Eight companies – Pine Labs, EaseMyTrip, Tracxn, FirstCry, Zappfresh, Awfis, BlueStone and MapmyIndia – touched ... |
| 13.01.2026 | Deeptech company Greentech raises Rs 30 crore from Transition VC | Synopsis
The company manages OEM-agnostic multi-brand wind assets and provides full-scope O&M, predictive maintenance, data analytics, SCADA modernisation, component repairs and crane-less major component exchanges.
Listen to this artic... |
| 07.01.2026 | Why India’s mid-sized startups are choosing IPOs over the unicorn dream | - |
| 11.11.2025 | From $64m to $2.2b: ChrysCapital’s journey mirrors India’s PE evolution | As India’s homegrown private equity (PE) giant ChrysCapital prepares to deploy capital from its record-breaking $2.2 billion Fund X, partner Gaurav Ahuja reflects on how the firm has evolved since its inception in 1999.
“Our initial focus w... |
| 05.11.2025 | ChrysCapital Closes Fund X At $2.2 Bn Fundraise | SUMMARY
With the fund, the firm aims to back established companies across sectors, including consumer services, healthcare, financial services, and enterprise tech
ChrysCapital claims its Fund X to be the largest PE fund raised by an Indian... |
| 18.10.2025 | GlobalBees To Acquire Another 15% Stake In Dynamic IT Solutions | SUMMARY
In a filing with the exchanges, FirstCry said that GlobalBees has signed an agreement to acquire an additional 14.91% stake in an all-cash deal for INR 1.5 Cr
With this, the rollup company’s stake in Dynamic IT Solutions will increa... |
| 15.10.2025 | Fragaria Fruits, Fery Rides, and Orange Sugar Raise Early-Stage Funding The below brands have announced their latest funding rounds. |
Fragaria Fruits Raises USD 2 Mn Seed Funding
Farming startup Fragaria Fruits has secured USD 2 million in a seed funding round led by WEH Ventures, with participation from Rainmatter, Spiral Ventures, and angel investors including Sashi Ku... |
| 29.09.2025 | At $150 M, Chiratae Ventures closes Fund V for second time | One of the top venture capital firms with a focus on technology, Chiratae Ventures, announced the $150 million second close of its fifth fund. The final close is anticipated in the first quarter of 2026.
Early-stage companies in Seed, Serie... |
| 26.09.2025 | CCPA Penalises FirstCry For Misleading Ads & Unfair Trade Practices | SUMMARY
Central Consumer Protection Authority levied a penalty of INR 2 Lakh on FirstCry for misleading advertisements and unfair trade practices
FirstCry was found charging GST after advertising “MRP inclusive of all taxes”, reducing actua... |
| 26.09.2025 | FirstCry fined ₹2 lakh for misleading ads with deceptive pricing | - |
| 25.09.2025 | Chiratae Ventures marks second close of 5th fund at $150 mn | Chiratae MDs Venkatesh Peddi (left) and Ranjith Menon lead the fifth fund
Domestic technology-focussed venture capital firm Chiratae Ventures announced the second close of its fifth fund at $150 million (Rs 1,329 crore) as it garnered commi... |
| 19.09.2025 | FirstCry Boosts Globalbees Stake, Posts Stellar Q1 Earnings | FirstCry reinforced its hold on Globalbees. It invested Rs 73 crore. This pushed its stake to 51.51%. This is part of a larger Series C2 funding. FirstCry's board OK'd up to Rs 146 crore for Globalbees. Globalbees raised Rs 100 crore total ... |
| 19.09.2025 | FirstCry Pumps Another INR 20 Cr Into GlobalBees, Raises Stake To 51.68% | SUMMARY
Continuing its spree of investments in GlobalBees, kids-focussed omnichannel company FirstCry has now announced a further investment of about INR 20 Cr
The investment was originally made in the form of convertible loan and was due t... |
| 18.09.2025 | FirstCry increases its stake in Globalbees to 51.51 percent by injecting Rs 73 Cr | According to a stock exchange filing, FirstCry (Brainbees Solutions Ltd), an omnichannel retailer of baby products, has invested Rs 73 crore in its subsidiary Globalbees Brands Pvt. Ltd. as part of the second tranche of its Series C2 fundin... |
| 13.09.2025 | FirstCry Raises Holding in Globalbees to 51.51% with INR 73 Cr Infusion On September 11, the Pune-based firm subscribed to 2,220 Series C2 compulsory convertible preference shares at a face value of I... | Omnichannel retailer FirstCry, operated by Brainbees Solutions Ltd, has invested INR 73 crore in its subsidiary Globalbees Brands Pvt. Ltd under the second tranche of the Series C2 funding round. The development was disclosed in a stock exc... |
| 12.09.2025 | India Adds 11 New Unicorns in 2025, Ai.tech Becomes Fastest to Hit USD 1.5 Bn: Report Peak XV leads unicorn investments; Zepto's 22-year-olds are the youngest founders. | India added 11 new Unicorns in 2025 – Ai.tech, Navi Technologies, Vivriti Capital, Veritas Finance, Rapido, Netradyne, Jumbotail, DarwinBox, Moneyview, Juspay and Drools.
According to ASK Private Wealth Hurun India Unicorn and Future Unicor... |
| 12.09.2025 | FirstCry’s GlobalBees Invests INR 9 Cr in HealthyHey, Increases Stake to 80% | SUMMARY
A day after FirstCry announced further investment in GlobalBees, the rollup subsidiary announced an investment of INR 8.9 Cr in its portfolio brand HealthyHey Foods
With this, GlobalBees’ shareholding in the health and nutrition sta... |
| 04.09.2025 | Tuco Kids raises $4 M funding from RTP Global | Children’s personal care company Tuco Kids, based in Bengaluru, has raised $4 million in new funding led by RTP Global, with involvement from MG Investments, Whiteboard Capital, and Fireside Ventures.
Tuco Kids raised $2 million from angel ... |
| 03.09.2025 | Investment Surges in Kids' Care, Deep Tech, and Green Mobility | Tuco Kids, a pioneering children's personal care brand, secured a significant $4 million Series A funding round led by RTP Global. This capital infusion will propel brand awareness, foster category creation for the 3-13 age group, and expan... |
| 03.09.2025 | $400 M late-stage fund for IPO bound startups launched by Elevation Capital | With the launch of a new $400 million fund, Elevation Capital is shifting its focus from early-stage startups to businesses it believes are adding value in public markets.
An ET report claims that Elevation Holdings, the late-stage vehicle,... |
| 02.09.2025 | Child personal care brand Tuco Kids raises $4 million in round led by RTP Global | Synopsis
Tuco Kids, a Bengaluru-based personal care brand for children, raised $4 million in funding led by RTP Global. The brand plans to use the funds to build brand awareness, drive category creation, and expand its offline presence. Tuc... |
| 02.09.2025 | Tuco Kids Secures USD 4 Mn in Series A Funding Led by RTP Global Fireside Ventures, Whiteboard Capital, and MG Investments also participated in the round. | Bengaluru-based children's personal care brand Tuco Kids has raised USD 4 million in a Series A funding round led by RTP Global, with continued support from Fireside Ventures, Whiteboard Capital, and MG Investments.
The company plans to uti... |
| 02.09.2025 | Babycare quick commerce platform Peeko raises $3.2 M from Stellaris | With the help of other angel investors, including Maninder Gulati, Titan Capital co-founders Kunal Bahl & Rohit Bansal, Abhishek Goyal, Nitin Gupta, and V3 Ventures co-founder Arjun Vaidya, Peeko, a fast commerce platform for babycare p... |
| 29.08.2025 | VC firm Elevation Capital enters late-stage investing with $400-mn fund | Elevation Capital co-managing partners Ravi Adusumalli (left) and Mukul Arora | Credit: Elevation Capital
Homegrown venture capital firm Elevation Capital, which typically makes early-stage bets, has forayed into late-stage investing with t... |
| 26.08.2025 | Peeko, Harajuku Tokyo Café, and AKINNA Raise Funding for Growth The below brands have announced their latest funding rounds. |
Peeko Raises USD 3.2 Mn for Babycare Quick Commerce
Peeko, a Bengaluru-based quick commerce startup specialising in babycare products, has raised USD 3.2 million in a funding round led by Stellaris Venture Partners.
The round also saw part... |
| 26.08.2025 | Babycare quick commerce platform Peeko raises $3.2 million in round led by Stellaris Venture Partners | Synopsis
Angel investors, including Maninder Gulati, former chief strategy officer at Oyo; Kunal Bahl & Rohit Bansal, cofounders of Titan Capital; Abhishek Goyal, cofounder of Tracxn; Nitin Gupta, founder and chief executive of Uni; and... |
| 20.08.2025 | Baby Products Brand R for Rabbit Bags USD 27 Mn Series B Funding The Series B funding round was led by Filter Capital and 3one4 Capital. | D2C Baby products brand R for Rabbit has raised USD 27 million in Series B funding led by Filter Capital and 3one4 Capital.
The round included both primary investment and secondary share sale, which enabled the exit of early investor Xponen... |
| 14.08.2025 | India's CRDMO Market Attracts Major Investment as Aragen Secures Rs 300 Cr | Avendus Future Leaders Fund III, alongside SBI Life Insurance, recently invested Rs 300 crore in Aragen Life Sciences. This strategic funding highlights robust confidence in India's booming Contract Research, Development, and Manufacturing ... |
| 13.08.2025 | FirstCry Q1: Loss Narrows 12% YoY To INR 66.5 Cr | SUMMARY
FirstCry’s parent Brainbees Solutions' posted a 12% decline in its consolidated net loss to INR 66.5 Cr in Q1 FY26 from INR 75.6 Cr in the year-ago quarter
Operating revenue rose 13% to INR 1,862.6 Cr during the quarter under review... |
| 13.08.2025 | Avendus PE fund, SBI Life bet on Aragen Life Sciences | Manni Kantipudi, CEO, Aragen Life Sciences
The Avendus Future Leaders Fund, a private equity vehicle managed by Mumbai-based investment bank and asset manager Avendus Group, and SBI Life Insurance have picked up a minority stake in contract... |
| 29.06.2025 | New-Age Tech Stocks Surge On Broader Market Bull Run, FirstCry Biggest Gainer This Week | SUMMARY
Twenty of the 33 new-age tech stocks rose in a range of 0.21% to slightly over 15% this week
Listing at a discount this week, ArisInfra became the second new-age tech company to list on the bourses this year
The cumulative market ca... |
| 18.06.2025 | FirstCry Subsidiary GlobalBees Faces Insolvency Plea | SUMMARY
FirstCry parent Brainbees said that Ashutosh Garg, Paritosh Garg and Manju Agarwal filed the plea for an alleged claim amount of INR 64.92 Cr, excluding interest
GlobalBees acquired a 74% stake in Kuber Mart, which counts the petiti... |
| 08.06.2025 | New-Age Tech Stocks’ M-Cap Surges $5 Bn, FirstCry & Eternal Gain Big | SUMMARY
33 new-age tech stocks under Inc42's coverage added over $5 Bn in market cap to end the week with a cumulative market capitalisation of $91.07 Bn
Nineteen out of the 33 new-age tech stocks gained in a range of 0.15% to slightly unde... |
| 27.05.2025 | BIS Seizes Goods Worth INR 90 Lakh In Raids On FirstCry’s Bengaluru Warehouse | SUMMARY
The inspection lasted for a day at Bheemakkanahalli Village, Sulibele Hobli, Hoskote Taluka, Bangalore Rural District, Karnataka
The search was concluded at 09:00 PM IST with seizure of certain goods worth approximately INR 90,00,00... |
| 07.05.2025 | IPOs to Remain a Hopeful Avenue for Investors Post 7x Surge Sectors such as consumer/retail, fintech, and healthcare saw significant exit growth during the period. Meanwhile, strong public market exit... | The number of exits increased marginally by approximately 4 per cent to USD 6.8 billion in 2024, as several tech-focused companies recorded significant revenue growth and positive profitability trends, benefiting from improving macroeconomi... |
| 28.04.2025 | Nitin Agarwal Resigns as CEO of GlobalBees Brands; Anuj Jain Steps In Taking over the reins is Anuj Jain, currently the Chief Business Officer (CBO) of FirstCry's pre-school segment and Senior Vice Pr... | Brainbees Solutions, the parent company of FirstCry, has announced a major leadership change at its subsidiary GlobalBees Brands. Nitin Agarwal, co-founder, CEO, and Director of GlobalBees, has stepped down from his role due to personal rea... |
| 26.04.2025 | FirstCry Subsidiary GlobalBees’ CEO Nitin Agarwal Quits | SUMMARY
While FirstCry attributed the resignation to “personal reasons”, sources told Inc42 that Agarwal is stepping down due to certain “health conditions”
Meanwhile, CBO of FirstCry’s pre-school segment and senior vice-president of market... |
| 22.04.2025 | Trident Growth Partners marks first close of maiden PE fund | Atul Gupta, managing partner, Trident Growth Partners
Trident Growth Partners, a private equity firm set up by former senior investment professionals from PremjiInvest and International Finance Corporation, has raised Rs 1,000 crore ($117.4... |
| 13.04.2025 | New-Age Tech Stocks See Bearish Sentiment Amid Volatile Market, FirstCry Biggest Loser | SUMMARY
Nineteen out of the 32 new-age tech stocks under Inc42's coverage fell in a range of 0.44% to under 9% this week
The list of gainers this week featured new-age tech companies with the biggest market cap – Eternal, Paytm, PB Fintech
... |
| 07.04.2025 | Manic Monday: 10 New-Age Tech Stocks Touch New Lows On Tariff Turmoil | SUMMARY
Shares of FirstCry, TBO Tek, ideaForge, Swiggy, Honasa Consumer, Ola Electric, EaseMyTrip, Tracxn, ixigo and Go Digit touched new lows today
Sensex plunged 2.95% to end the day at 73,137.90 today. Meanwhile, Nifty 50 fell 3.24% to 2... |
| 05.04.2025 | [Update] FirstCry Invests INR 73 Cr In Globalbees | SUMMARY
Overall, FirstCry will invest INR 146 Cr in its ecommerce roll up business Globalbees Brands
This aligns with FirstCry’s plans of diversifying beyond its core baby and mother care segment into broader consumer categories such as per... |
| 03.04.2025 | The Rise of India’s Start-Up Ecosystem: A New Era of IPOs and Mergers | India's start-up landscape is evolving. A wave of late-stage start-ups is preparing to go public, marking a significant shift in the country’s economic narrative. The RainGauge Private Pulse report reveals that 38 high-growth start-ups are ... |
| 02.04.2025 | Listed start-ups to contribute 4-5% of India’s market cap: Report | A growing number of late-stage start-ups are gearing up for public listings, according to The RainGauge Private Pulse report by The Rainmaker Group. The report highlights a cohort of 38 high-growth start-ups spanning consumer internet, fint... |
| 23.03.2025 | New Age Tech Stocks Recover $6 Bn+ In M-Cap As FIIs Turn Bullish | SUMMARY
In the third week of March (between March 17 and March 21), as many as 27 of the 32 new-age tech companies under Inc42's purview gained in a range of 0.98% to just under 21%
PB Fintech, Ola Electric, Zomato, Paytm, among others were... |
| 06.03.2025 | [UPDATE] FirstCry Shares Rally 17% After Hitting 52-Week Low | SUMMARY
Shares of FirstCry rebounding from its 52-week low of INR 356.55 on the BSE yesterday
Even at 11:55 AM, the stock remained strong, trading 13.61% higher at INR 415.00 on the BSE
Earlier this month, FirstCry witnessed its second high... |
| 01.03.2025 | Shifting Sands: The Evolving Landscape of Venture Capital and Visa Services | In the fast-paced world of venture capital and technology, change is the only constant. Recent developments highlight this truth, showcasing the dynamic shifts in leadership and acquisitions that shape industries. Two stories stand out: Viv... |
| 01.03.2025 | FirstCry’s Chief Of Staff Sanket Hattimattur Quits | SUMMARY
Sanket Hattimattur, who cited personal reasons for his departure, will be relieved from his position with effect from close of business hours on March 31
FirstCry said that Hattimattur will continue to be the director of the company... |
| 26.02.2025 | Vivek Mathur Steps Down as Elevation Capital COO After 14 Years Mathur, who played a key role in shaping the firm's portfolio, is now transitioning into an advisory and mentorship role, working with e... | Vivek Mathur, partner and chief operating officer (COO) at Elevation Capital, has stepped down after a 14-year tenure at the venture capital firm.
Mathur, who played a key role in shaping the firm's portfolio, is now transitioning into an a... |
| 10.02.2025 | FirstCry Shares Jump 11% Intraday After Q3 Results | SUMMARY
FirstCry trimmed its consolidated net loss by 69.5% in the third quarter of the current fiscal (Q3 FY25)
With a jump in its share price, the company’s market capitalisation zoomed to INR 21,852 Cr at 1:35 PM with more than 20 Lakh s... |
| 08.02.2025 | FirstCry Narrows Q3 Loss By 69% To INR 15 Cr | SUMMARY
The kids-focussed omnichannel retailer’s consolidated net loss contracted 76.5% QoQ from INR 62.85 Cr
Revenue from operations surged 14.3% to INR 2,172.30 Cr in Q3 FY25 from INR 1,900.19 Cr in the year-ago quarter
Consolidated adjus... |
| 08.02.2025 | FirstCry Shut 38 Stores In Q3, To Invest INR 300 Cr In Subsidiary | SUMMARY
FirstCry will infuse about INR 300 Cr in its wholly owned subsidiary, Digital Age Retail Private Limited (DARP)
The investment will be made through subscription to equity shares of DARP in one or more tranches in the ongoing financi... |
| 19.01.2025 | New-Age Tech Stocks See Mixed Performance This Week, MobiKwik Biggest Loser | SUMMARY
The total market cap of the 31 new-age tech stocks under Inc42’s coverage declined to $87.89 Bn this week from $88.38 Bn last week
Of the 31 stocks, 16 fell this week in a range of 0.1% to a little over 14%. MobiKwik was the biggest... |
| 16.01.2025 | Chiratae Ventures taps new limited partner for its fifth flagship fund | Premium
Sudhir Sethi, founder and chairman, Chiratae Ventures
Domestic venture capital firm Chiratae Ventures, which is one of the early backers of unicorns such as Lenskart, Uniphore and FirstCry, has tapped a new limited partner for its f... |
| 16.01.2025 | Avendus nets nearly $100 mn to hit first close of third late-stage fund | Ritesh Chandra, managing partner, Avendus Future Leaders Fund
Mumbai-based investment banking and asset management firm Avendus Capital said Thursday it has marked the first close of its third private equity fund and is looking to make its ... |
| 23.12.2024 | FirstCry Parent Shares Decline 5%, Stock Down 10% YTD | SUMMARY
The stock recouped some losses during the intraday trade and was trading 3.89% lower at INR 614.45 on the BSE at 11:14 AM
On a year-to-date basis, the stock has tanked almost 10%, underperforming benchmark equity index BSE Sensex, w... |
| 26.11.2024 | SoftBank’s Masayoshi Son To Meet PM Modi | SUMMARY
Masayoshi Son also met Reliance Industries chairman Mukesh Ambani. During the meeting, they discussed potential AI opportunities in India
One of the biggest investors in the homegrown startup landscape, SoftBank has backed nearly a ... |
| 24.11.2024 | NCH now has over 1000 convergence partners | Nearly 1000 companies have partnered with the National Consumer Helpline (NCH) under its Convergence Programme to expedite grievance resolution, Department of Consumer Affairs (DoCA) said in a statement. DoCA said it is also set to meet win... |
| 19.11.2024 | Coffee chain Blue Tokai looking to triple revenue before mulling IPO | Indian coffee chain Blue Tokai is aiming for a nearly three-fold jump in annual revenue by 2027 before it decides whether to go public, its top boss told Reuters on Monday.
Coffee culture is growing briskly in India, with the affluent in bi... |
| 12.11.2024 | The Future of Play and Delivery: How Innovation Shapes Our World | In a world increasingly dominated by screens, two companies are carving out unique paths. Skillmatics and Amazon are redefining play and delivery through innovation. Their stories reveal a landscape where sustainability meets technology, an... |
| 11.11.2024 | Start-ups line up for IPOs amid bullish market, investor demand | Start-ups are eagerly preparing to list on the stock exchanges driven by a thawing funding winter, a shift towards profitability, and growing investor interest. Compared to the US, where companies typically need at least $250-$300 million i... |
| 11.11.2024 | FirstCry Shares Hit All-Time Low, Co Pays INR 1.74 Cr For GST Mismatch | SUMMARY
FirstCry’s parent Brainbees Solutions slumped over 5% to hit an all-time low at INR 534.20 apiece on Monday (November 11)
Earlier on Sunday, the company said that the search and inspection operation by the assistant commissioner of ... |
| 10.11.2024 | Skillmatics: Creating Screen-Free, Sustainable Learning Experiences for Children The brand creates eco-friendly, educational games promoting skill development and critical thinking, offering sustainab... | Skillmatics was born with a clear mission in 2017, to create engaging, educational, and sustainable learning experiences for children.
Co-founders Dhvanil Sheth and Devanshi Kejriwal recognized a gap in the market for products that promote ... |
| 23.10.2024 | SoftBank Nominee Paul Davison Steps Down From FirstCry’s Board | SUMMARY
FirstCry said that SoftBank partner Davison tendered his resignation on account of SoftBank’s internal compliance policies
It is pertinent to note that the investment giant typically exits the boards of its portfolio companies after... |
| 19.10.2024 | Celebrating Innovation: The Chiratae Ventures Patrick J. McGovern Awards | In the heart of Silicon Valley, where innovation meets ambition, the Chiratae Ventures Patrick J. McGovern Awards recently celebrated three titans of the tech industry. Shantanu Narayen, CEO of Adobe, Narayana Murthy, founder of Infosys, an... |
| 17.10.2024 | Chiratae Ventures Honors Adobe CEO, Shantanu Narayen, Infosys Founder, Narayana Murthy and Postman CEO and Founder, Abhinav Asthana with the Patrick J. McGovern Awards | MR Rangaswami, Indiaspora, Shantanu Narayen, Adobe, Dr. Srikar Reddy, Indian Consul General, Pat McGovern III, The Patrick J. McGovern Foundation, Sudhir Sethi, Chiratae Ventures
The global VC fund Chiratae Ventures announced today that Ado... |
| 15.10.2024 | Capital A promotes senior exec to partner | Aswani Chaitanya, Partner, Capital A
Early-stage venture capital firm Capital A, which floated its second venture capital fund last month aiming to raise up to Rs 400 crore, has promoted a senior executive to the role of a partner.
The Beng... |
| 14.10.2024 | FirstCry Shares Surge Over 5%, Cross INR 700 Mark | SUMMARY
It is pertinent to note that Sensex surged 591.69 points (or 0.73%) to close at 81,973.05 today. Meanwhile, Nifty gained 0.66% to end the trade at 25,127.95
The stock is currently up about 15% on the BSE from its listing price
As ma... |
| 11.10.2024 | Amitabh Bachchan: The Biggest Brand Amitabh Bachchan is celebrating yet another milestone birthday. His exceptional career in cinema is not the only thing that makes him stand out; he is also one of t... | Amitabh Bachchan is celebrating yet another milestone birthday. His exceptional career in cinema is not the only thing that makes him stand out; he is also one of the most enduring brand ambassadors in Indian advertising.
The actor has chan... |
| 10.10.2024 | Ratan Tata: 10 Startups He Invested in that Turned Unicorn Over the years, Tata had invested in several startups, many of which went on to become unicorns. Let's take a look at some of the unicorns th... | Tata Sons' Chairman Emeritus Ratan Tata's demise is a giant loss for India Inc. – both for the large corporates and the startup ecosystem.
Tributes poured in from leaders across industries.
"India has lost a giant, a visionary who rede... |
| 09.10.2024 | Chiratae Ventures Honors Adobe CEO Shantanu Narayen, Infosys Founder Narayana Murthy, and Postman CEO and Founder Abhinav Asthana with the Patrick J. McGovern Awards | SAN FRANCISCO–(BUSINESS WIRE)–October 9, 2024–
The global VC fund Chiratae Ventures announced today that Adobe CEO Shantanu Narayen received the Global Lifetime Achievement Award on September 16, 2024, during an awards dinner in Palo Alto a... |
| 30.09.2024 | FirstCry’s GlobalBees Invests Another INR 8 Cr In D2C Brand The Butternut Co | SUMMARY
GlobalBees made the additional investment to acquire 24% stake in the D2C brand, increasing its stake in The Butternut Co to 100%
The Butternut Co’s revenue from operations jumped 57% YoY to INR 11.14 Cr in FY24, while its losses we... |
| 26.09.2024 | Kids’ personal care brand Tuco Intelligent raised $2 M Seed funding | A seed round led by Fireside Ventures and Whiteboard Capital has raised $2 million for the kids’ personal care brand Tuco Intelligent. In addition, early backers of brands like Mamaearth, Sugar, Pilgrim, Whole Truth, and Mokobara, as well a... |
| 25.09.2024 | An Emerging Brand from Delhi Making Big Strides in the Growing Baby Care Market | New Delhi, Delhi, India
Littloo, an emerging baby care brand from Delhi, is making waves in the growing Indian baby care market with its commitment to providing natural, gentle, effective baby products. Littloo is the umbrella brand of The ... |
| 24.09.2024 | D2C Kids Personal Care Brand Tuco Intelligent Bags $2 Mn To Scale Operations | SUMMARY
The funding round was led by Fireside Ventures and Whiteboard Capital. It also saw participation from Ashish Goenka-led Suashish Group and other angel investors
Founded in 2023, Tuco Intelligent offers a range of natural and sustain... |
| 21.09.2024 | GlobalBees Raises Stake In Solarista With INR 5.88 Cr Investment | SUMMARY
GlobalBees acquired an additional 22.5% stake in Solarista Renewables, which markets bags and rainwear under the brand name ‘The Clownfish’,for INR 5.88 Cr, in an all-cash deal.
This investment follows an agreement among shareholder... |
| 12.09.2024 | Tata Sons and Archies: Two Giants Navigating New Waters | In the bustling landscape of Indian business, two companies stand out: Tata Sons and Archies. Each represents a different facet of the economy, yet both are on the brink of transformation. Tata Sons, a titan in diversified industries, is po... |
| 11.09.2024 | Archies Sets Sights on Global Expansion While Achieving 150 % Growth in India's Quick Commerce Market | New Delhi, Delhi, India
Archies, A legacy brand in a social expression industry for decades, is entering a new phase of its journey. Known for bringing emotion to life through its extensive range of greeting cards, gift wraps, and more, the... |
| 30.08.2024 | FirstCry Q1: Loss Declines 31% YoY To INR 75.6 Cr, Revenue Up 10% | SUMMARY
Operating revenue grew 10% to INR 1,652.07 Cr during the quarter under review from INR 1,496.93 Cr in Q1 FY24
FirstCry’s loss rose 75% during the quarter under review from the INR 43.26 Cr loss it posted in Q4 FY24, while operating ... |
| 30.08.2024 | FirstCry To Invest Over INR 100 Cr In Its UAE Subsidiary | SUMMARY
The AED 50 Mn investment in Firstcry Management DWC LLC, UAE will be further invested in the latter’s wholly owned subsidiaries based in the UAE and KSA
The investment will enable the growth of its business in the UAE and Saudi Arab... |
| 28.08.2024 | The Rise of Kids India: A Toy Revolution in the Making | The toy industry is a playground of imagination and innovation. As the world shifts, so does the market. India stands at the forefront of this transformation. The 10th edition of Kids India, set to take place from September 12 to 14, 2024, ... |
| 26.08.2024 | From Mumbai to the world: 10th Kids India is on the starting blocks | Emerging toy market with enormous growth potential
Great support from exhibitors and visitors
NUREMBERG, Germany, Aug. 26, 2024 /PRNewswire/ -- It is the leading B2B trade fair for the Indian toy industry: Kids India. The event, which will ... |
| 24.08.2024 | FirstCry Gets I-T Dept Notice Over INR 80 Cr ESOP Expenses | SUMMARY
FirstCry has said that the “financial impact cannot be determined at this stage as no order of any kind has been passed”
No income chargeable to tax has escaped the assessment and we have a strong case on merit, added FirstCry
The r... |
| 16.08.2024 | JSW Cement, Warburg-backed Ecom Express file for IPOs | JSW's logo on the company's headquarters in Mumbai, Feb. 11, 2016. | Credit: Reuters/Danish Siddiqui
India's JSW Cement filed draft papers for an initial public offering worth up to 40 billion rupees ($476.7 million) on Friday, aiming to ca... |
| 14.08.2024 | The Story Behind Competition Turned To A Lucrative Alliance with FirstCry: By Anand Mahindra Mahindra's decision to invest in FirstCry comes from a rather unique story, that was elaborated by Anand Ma... | As of Thursday, 8 August, Brainbees Solutions Limited's issue was fully subscribed recording over 12 times the share reserved.
FirstCry's parent company Brainbees made its D-street debut on the National Stock Exchange (NSE) on Tuesday. Rata... |
| 12.08.2024 | Unicommerce IPO: Promoter AceVector To Make 4.6X Returns, SoftBank To Mint 3.5X Gains | SUMMARY
AceVector (formerly Snapdeal) is offloading 94.38 Lakh shares of Unicommerce via the OFS component of the IPO
Unicommerce’s IPO included only an OFS of 2.56 Cr shares. The startup set the price band at INR 102-INR 108 per share
Soft... |
| 10.08.2024 | FirstCry raised $227 M from anchor investors ahead of IPO | As part of its initial public offering, BrainBees Solutions Limited, the parent company of FirstCry, has made shares valued at Rs 1,886 crore (roughly $227 million) available to 71 anchor investors.
According to information obtained from th... |
| 08.08.2024 | FirstCry IPO: Public Issue Subscribed 12.22X On The Final Day Of Bidding | SUMMARY
At the end of the final day, the IPO was oversubscribed 12.22X, with investors cumulatively bidding for 60.64 Cr shares versus 4.96 Cr shares on offer.
QIB bid for 52.19 Cr shares against the 2.70 Cr shares on offer, translating to ... |
| 07.08.2024 | FirstCry IPO: Issue Subscribed 30% On Day 2, Retail Portion Fully Booked | SUMMARY
After getting subscribed 11% on Day 1, the public issue of FirstCry continued to witness muted response on the second day as well
While the portion reserved for retail investors was subscribed 1.06X, the quota reserved for NIIs saw ... |
| 06.08.2024 | FirstCry raises $227 Mn from anchor investors ahead of IPO | BrainBees Solutions Limited, the parent company of FirstCry, has offered Rs 1,886 crore (approximately $227 million) worth of shares to 71 anchor investors as part of its initial public offering.
The board at FirstCry has passed a resolutio... |
| 06.08.2024 | Brainbees Solutions Limited raises INR 1885.8 Cr and Allots Shares Ahead of IPO Brainbees Solutions Limited, the company behind the online shopping platform FirstCry has announced that it has raised I... | Brainbees Solutions Limited, the company behind the online shopping platform FirstCry has announced that it has raised INR 1885.8 crore from 71 anchor investors and allotted 4,05,55,428 Equity Shares for the same.
The fund was raised at the... |
| 06.08.2024 | FirstCry IPO: Public Issue Subscribed 11% On Day 1, Employees Show Highest Interest | SUMMARY
FirstCry’s IPO received bids for 53.43 Lakh shares as against 4.96 Cr shares on offer
While the employees’ portion was subscribed 1.8X, the shares reserved for retail individual investors were subscribed 46%
FirstCry’s IPO, which cl... |
| 06.08.2024 | FirstCry’s parent Brainbees raises Rs. 1,886 crore | Image Courtesy: www.firstcry.com
One day prior to the start of its inaugural share sale, Brainbees Solutions Ltd, the parent company of online e-commerce platform FirstCry, announced that it had received Rs. 1,886 crore from anchor investor... |
| 05.08.2024 | FirstCry IPO: Startup Bags INR 188.5 Cr From Anchor Investors | SUMMARY
FirstCry has allotted 4.05 Cr shares to 81 anchor investors as part of the round
The anchor round saw participation from the Government of Singapore, ADIA, Nomura, Fidelity India, and Goldman Sachs, among others
FirstCry will look t... |
