FirstCry raises $36 mn in fresh VC fund round
9 April 2015 1:05 AM GMT
Online portal for baby products, FirstCry on Wednesday said it has raised $36 million (about Rs 224 crore) in a fresh round of funding led by VC funds Valiant Capital Partners and New Enterprise Associates. With this round, the firm has raised a total of around $70 million.
The firm will utilise the funds to invest on technology and increasing its product line-up as well as double the number of its branded franchise stores to 200 in the next 12 months.
The firm will utilise the funds to invest on technology and increasing its product line-up as well as double the number of its branded franchise stores to 200 in the next 12 months.
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