0 Shares EmailFacebookTwitterLinkedInIndia-based baby product retailer FirstCry has raised another $150 million from Softbank, bringing the Japanese conglomerate’s total investment in the company so far to about $300 million.
Subscribe to the Crunchbase DailyAs part of the deal, Softbank will invest an additional $100 million in the company in January 2021, according to tech news website Entrackr.
FirstCry sells baby products and toys online, and calls itself “Asia’s largest online shopping store for kids and baby products.” The company sells items like kids clothing, bath products, nursery items and toys.
The company raised its $4 million Series A round in April 2011, and its investors include Vertex Ventures and SAIF Partners.
Based in Pune, India, FirstCry carries more than 5,800 brands and has more than 7.5 million registered users, according to its website. | To read full story, visit https://startuparound.com/read/1581093005.95591/India’s-FirstCry-Lands-Another-$150M-from-Softbank-in-$400M-Deal?ref=audio_experience