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Former cricketer Sachin Tendulkar buys FirstCry shares ahead of IPO launch: Report

IndianStartupNews · 1y

Former cricketer Sachin Tendulkar's office and TVS Group are among the investors who have acquired shares in FirstCry, the mother and childcare e-commerce platform. This comes as Softbank Vision Fund, the largest shareholder, reduces its stake below 25% in preparation for FirstCry's IPO. The IPO aims to raise $500 million and could have a significant impact on the Indian stock market. Other new investors in FirstCry include Ravi Modi, Kris Gopalakrishnan, and the TVS and DSP family offices.