SoftBank, M&M, Premji Invest, TPG to gain big returns from FirstCry IPO

Quick Summary:

Mahindra & Mahindra tops the list with expected investment returns of 496% in FirstCry IPO, followed by Softbank at 201%.

SoftBank first invested in FirstCry in 2019 and has reduced its holding in the company from 29% previously.

The company claimed a market share of 16-17% in the organised childcare products market in India as of the fiscal year gone by.

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Article Details

Author / Journalist: Thimmaya Poojary

Category: StartupsEconomyBusiness

Markets: IndiaSaudi Arabia

Topics: Holds Million Market Policy Company Firstcry Mahindra Stake Privacy Softbank Shares

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-01 @ 10:30:30 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 402 words

Reading Time: 3 minutes read

Sentences: 23 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © YourStory

News ID: 21884856

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Main Topics: StartupsEconomyBusiness

Official Website: yourstory.com

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News Last Updated: 11 hours ago

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