FirstCry: Difference between revisions

715 bytes added ,  23 September 2021
Removing Firstcry_logo.png; it has been deleted from Commons by Infrogmation because: false license.
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(Removing Firstcry_logo.png; it has been deleted from Commons by Infrogmation because: false license.)
 
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{{Infobox organization
{{Short description|Indian e-commerce company}}
| name = FirstCry.com<br />A FirstCry Mahindra Venture
{{Use dmy dates|date=May 2021}}
| motto = Big store for little ones
{{Use Indian English|date=May 2021}}
| founder = Supam Maheshwari, CEO<br />Amitava Saha<ref name="play"/>
{{Infobox website
| type = Company
| name         = FirstCry
| industry = Kids & baby products retailer
| logo        =
| formation = 2010
| logo_size    = 220px
| merger = BabyOye ([[Mahindra Group]]), previously known as "Mom and Me"
| logo_caption =
| owner = BrainBee
| screenshot  =
s Solutions Pvt Ltd
| screenshot_size  = 220px
| screenshot_alt    =
| caption        =
| commercial    = Yes
| type          = [[E-commerce]]
| registration  = Required
| language      = [[English language|English]]
| founded        = {{start date and age|2010}}
| founder = {{plainlist|
*Supam Maheshwari
*Amitava Saha
*Prashant Jadhav
*Sanket Hattimattur}}
| current_status = Active
| area_served    = [[India]]
| company_type  = [[Private company|Private]]
| num_employees        = 2000+ (2021)
| industry             = {{plainlist|
*[[E-commerce]]
*[[Internet]]
*[[Retail]]}}
| location            = [[Pune]], [[Maharashtra]], India
| services            = [[Online shopping]]
| key_people          = Supam Maheshwari ([[CEO]])
| revenue  = {{increase}} {{INRConvert|897|c}} (2020)
| num_users =
| subsid              =
| native_clients      = [[Android (operating system)|Android]]<br/>[[iOS]]
| owner = BrainBees Solutions Pvt Ltd
| website = {{URL|www.firstcry.com}}
| website = {{URL|www.firstcry.com}}
}}
}}


'''FirstCry''' is an Indian [[Online shopping|online store]] for baby product retailing launched in the year 2010.
'''FirstCry''' is an Indian [[e-commerce]] company, headquartered in [[Pune]]. The company, launched in 2010, initially focused on [[Infant clothing|baby product]]s retailing. In January 2020, the company had over 380 stores across India.<ref name=":1" /> FirstCrys opened its first outlet in [[Srinagar]] in May 2019.<ref>{{Cite web|url=https://www.greaterkashmir.com/news/business/firstcry-com-opens-outlet-in-srinagar/|title=FirstCry.com opens outlet in Srinagar|date=2019-05-29|website=Greater Kashmir|language=en-US|access-date=2020-03-14}}</ref> It is into its series E round of financing.<ref>{{Cite web|url=https://www.financialexpress.com/industry/softbank-investing-rs-1055-57-crore-in-firstcry/1859335/|title=SoftBank investing Rs 1,055.57 crore in FirstCry|date=2020-02-07|website=The Financial Express|language=en-US|access-date=2020-03-14}}</ref>
 
In January 2020 the consolidated company had over 380 stores across India out of which around 350 are franchise stores, making is "Asia's largest online shopping store for kids & baby products."<ref name=":1" /> FirstCry opened its first outlet in [[Srinagar]] in May 2019.<ref>{{Cite web|url=https://www.greaterkashmir.com/news/business/firstcry-com-opens-outlet-in-srinagar/|title=FirstCry.com opens outlet in Srinagar|date=2019-05-29|website=Greater Kashmir|language=en-US|access-date=2020-03-14}}</ref> It is into its series E round of financing.<ref>{{Cite web|url=https://www.financialexpress.com/industry/softbank-investing-rs-1055-57-crore-in-firstcry/1859335/|title=SoftBank investing Rs 1,055.57 crore in FirstCry|date=2020-02-07|website=The Financial Express|language=en-US|access-date=2020-03-14}}</ref>


== Mergers and acquisitions ==
== Mergers and acquisitions ==
In 2016 FirstCry acquired BabyOye, owned by the [[Mahindra Group]], for {{INRConvert|362|c|lk=on|year=2016}}.<ref name=":1">{{Cite web|url=https://www.entrepreneur.com/article/344451|title=FirstCry Has Revamped Baby Apparel Shopping In India|last=Marya|first=Ashita|date=2020-01-02|website=Entrepreneur|language=en|access-date=2020-03-14}}</ref><ref>{{Cite news|last=Chanchani|first=Madhav|url=https://economictimes.indiatimes.com/small-biz/startups/firstcry-acquires-mahindras-baby-care-franchisee-business-for-rs-362-crore/articleshow/54868369.cms|title=Firstcry acquires Mahindra's baby care franchisee business for Rs 362 crore|date=2016-10-15|work=The Economic Times|access-date=2020-03-14}}</ref> The merged entity now does business under the name - FirstCry.com, a FirstCry Mahindra Venture.<ref>{{Cite web|url=https://www.thehindubusinessline.com/companies/firstcry-mahindra-retail-consolidate-business/article9224266.ece|title=FirstCry, Mahindra Retail consolidate business|last=|first=|date=15 October 2016|website=@businessline|language=en|url-status=live|archive-url=|archive-date=|access-date=2020-03-14}}</ref><ref>{{Cite web|url=https://www.livemint.com/Companies/3lBpyHYzkPSlSNrAEzF0IN/Mahindra-sells-BabyOye-to-FirstCry-for-Rs3621-crore.html|title=FirstCry buys Mahindra’s BabyOye for Rs362.1 crore|last=Chakraborty|first=Sayan|date=2016-10-15|website=Livemint|language=en|access-date=2020-03-14}}</ref> The company acquired playschool company "Oi Playschool".<ref name="play">{{Cite news|last=Mohapatra|first=Debasis|url=https://www.business-standard.com/article/companies/firstcry-secures-around-400-mn-from-softbank-as-part-of-series-e-funding-120021901299_1.html|title=Firstcry secures around $400 mn from Softbank as part of series-E funding|date=2020-02-19|work=Business Standard India|access-date=2020-03-14}}</ref><ref>{{Cite web|url=https://timesofindia.indiatimes.com/business/india-business/softbank-backed-firstcry-acquires-playschool-chain-oi/articleshow/72285799.cms|title=SoftBank-backed FirstCry acquires playschool chain Oi|last=Chanchani|first=Madhav|date=29 November 2019|website=The Times of India|language=en|url-status=live|archive-url=|archive-date=|access-date=2020-03-14}}</ref>
In 2016 FirstCry acquired BabyOye, owned by the [[Mahindra Group]], for {{INRConvert|362|c|lk=on|year=2016}}.<ref name=":1">{{Cite web|url=https://www.entrepreneur.com/article/344451|title=FirstCry Has Revamped Baby Apparel Shopping In India|last=Marya|first=Ashita|date=2020-01-02|website=Entrepreneur|language=en|access-date=2020-03-14}}</ref><ref>{{Cite news|last=Chanchani|first=Madhav|url=https://economictimes.indiatimes.com/small-biz/startups/firstcry-acquires-mahindras-baby-care-franchisee-business-for-rs-362-crore/articleshow/54868369.cms|title=Firstcry acquires Mahindra's baby care franchisee business for Rs 362 crore|date=2016-10-15|work=The Economic Times|access-date=2020-03-14}}</ref> The merged entity now does business under the name FirstCry.com, a FirstCry Mahindra Venture.<ref>{{Cite web|url=https://www.thehindubusinessline.com/companies/firstcry-mahindra-retail-consolidate-business/article9224266.ece|title=FirstCry, Mahindra Retail consolidate business|last=|first=|date=15 October 2016|website=@businessline|language=en|url-status=live|archive-url=|archive-date=|access-date=2020-03-14}}</ref><ref>{{Cite web|url=https://www.livemint.com/Companies/3lBpyHYzkPSlSNrAEzF0IN/Mahindra-sells-BabyOye-to-FirstCry-for-Rs3621-crore.html|title=FirstCry buys Mahindra’s BabyOye for Rs362.1 crore|last=Chakraborty|first=Sayan|date=2016-10-15|website=Livemint|language=en|access-date=2020-03-14}}</ref> The company acquired playschool company Oi Playschool.<ref name="play">{{Cite news|last=Mohapatra|first=Debasis|url=https://www.business-standard.com/article/companies/firstcry-secures-around-400-mn-from-softbank-as-part-of-series-e-funding-120021901299_1.html|title=Firstcry secures around $400 mn from Softbank as part of series-E funding|date=2020-02-19|work=Business Standard India|access-date=2020-03-14}}</ref><ref>{{Cite web|url=https://timesofindia.indiatimes.com/business/india-business/softbank-backed-firstcry-acquires-playschool-chain-oi/articleshow/72285799.cms|title=SoftBank-backed FirstCry acquires playschool chain Oi|last=Chanchani|first=Madhav|date=29 November 2019|website=The Times of India|language=en|url-status=live|archive-url=|archive-date=|access-date=2020-03-14}}</ref>


== References ==
== References ==
{{Reflist}}
{{Reflist}}


[[Category:Indian organisation stubs]]
==External links==
*{{url|www.firstcry.com|Official site}}
 
[[Category:Online retailers of India]]
[[Category:Online retailers of India]]
[[Category:Indian companies established in 2010]]
[[Category:Indian companies established in 2010]]
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