FirstCry

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FirstCry
Type of businessPrivate
Type of site
E-commerce
Available inEnglish
Founded2010; 12 years ago (2010)
HeadquartersPune, Maharashtra, India
Area servedIndia
OwnerBrainBees Solutions Pvt Ltd
Founder(s)
  • Supam Maheshwari
  • Amitava Saha
  • Prashant Jadhav
  • Sanket Hattimattur
Key peopleSupam Maheshwari (CEO)
Industry
ServicesOnline shopping
RevenueIncrease 897 crore (US$120 million) (2020)
Employees2000+ (2021)
URLwww.firstcry.com
CommercialYes
RegistrationRequired
Current statusActive
Native client(s) onAndroid
iOS

FirstCry is an Indian e-commerce company, headquartered in Pune. The company, launched in 2010, initially focused on baby products retailing. In January 2020, the company had over 380 stores across India.[1] FirstCrys opened its first outlet in Srinagar in May 2019.[2] It is into its series E round of financing.[3]

Mergers and acquisitions[]

In 2016 FirstCry acquired BabyOye, owned by the Mahindra Group, for 362 crore (equivalent to 442 crore or US$59 million in 2020).[1][4] The merged entity now does business under the name FirstCry.com, a FirstCry Mahindra Venture.[5][6] The company acquired playschool company Oi Playschool.[7][8]

References[]

  1. ^ a b Marya, Ashita (2 January 2020). "FirstCry Has Revamped Baby Apparel Shopping In India". Entrepreneur. Retrieved 14 March 2020.
  2. ^ "FirstCry.com opens outlet in Srinagar". Greater Kashmir. 29 May 2019. Retrieved 14 March 2020.
  3. ^ "SoftBank investing Rs 1,055.57 crore in FirstCry". The Financial Express. 7 February 2020. Retrieved 14 March 2020.
  4. ^ Chanchani, Madhav (15 October 2016). "Firstcry acquires Mahindra's baby care franchisee business for Rs 362 crore". The Economic Times. Retrieved 14 March 2020.
  5. ^ "FirstCry, Mahindra Retail consolidate business". @businessline. 15 October 2016. Retrieved 14 March 2020.{{cite web}}: CS1 maint: url-status (link)
  6. ^ Chakraborty, Sayan (15 October 2016). "FirstCry buys Mahindra's BabyOye for Rs362.1 crore". Livemint. Retrieved 14 March 2020.
  7. ^ Mohapatra, Debasis (19 February 2020). "Firstcry secures around $400 mn from Softbank as part of series-E funding". Business Standard India. Retrieved 14 March 2020.
  8. ^ Chanchani, Madhav (29 November 2019). "SoftBank-backed FirstCry acquires playschool chain Oi". The Times of India. Retrieved 14 March 2020.{{cite web}}: CS1 maint: url-status (link)

External links[]


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