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Exclusive: Manipal Group s Ranjan Pai in talks for stake in FirstCry, ET Retail

Pai is expected to invest around Rs 250 crore in the ecommerce firm as part of a broader secondary share sale at FirstCry at a valuation of close to $3 billion, sources said.

Softbank govilManipal groupranjan paiNavneet govilRanjan paiBrainbees solutionsManipal groupAakash instituteManipal group ranjan paiSoftbank vision fundMahindra retailAarin capitalRanjan paiNavneet govilSoftbank vision fundManipal group

Ranjan Pai Looking To Pick Up Stake In FirstCry

Ranjan Pai, the chairman of the Manipal Group, is in advanced talks to pick up a stake in the children-focused ecommerce major FirstCry.

Ranjan paiNavneet govilSoftbank vision fundBrainbees solutionsManipal groupAarin capitalPremji investMahindra retail

SoftBank-backed FirstCry in talks to sell a stake in the company at a valuation of $3 bn

According to a media report, the discussions are in the early stages and the funding is being primed as a pre-IPO round for the Pune-based company

Softbank backed firstcryEconomic timesKedaara capitalMasayoshi son led softbankMiddle easternPremji investmentMahindra retailUne based startupsRe ipo roundIndian startups

SoftBank valuing FirstCry IPO secondary market share sale at $4B

FirstCry is striving to eventually bring down its foreign ownership, thereby allowing Indian private equity players to take the field

Masayoshi sonNewquest capitalEconomic timesKedaara capitalDraft red herring prospectusPremji investmentPremji investmentsMahindra retail

SoftBank, others may pare FirstCry stake pushing firm valuation to $4 billion

Japan’s SoftBank and NewQuest Capital Partners are among existing investors seeking to sell shares of.

United statesAzim premjiPrashant jadhavSanket hattimatturAmitava sahaChina ant groupBrainbees solutionsNational investmentInfrastructure fundNewquest capital partnersSon led softbankKedaara capitalPremji investMahindra retailAnt groupThers may pare firstcry stake pushing firm valuation to 4 billion

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