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🚀 BREAKING: FirstCry's $3 Billion IPO Launch - The Baby Steps to a Giant Leap! How does a baby products retailer grow into a multi-billion-dollar empire? I'm about to share the exciting details of FirstCry's upcoming IPO that's set to shake up the Indian e-commerce scene! 👀 Key highlights that'll make your wallet tingle: → IPO Dates: August 6-8, 2024 → Fresh Issue: ₹1,666 crore ($200 million) → OFS: 54.4 million shares → Target Valuation: $2.9-3 billion → FY24 Revenue: ₹6,481 crore (15% growth) → Major Sellers: SoftBank, Mahindra & Mahindra 🔮 Why it matters: 1. Largest omnichannel baby products retailer in India 2. Demonstrates the potential of niche e-commerce 3. Could pave the way for more Indian startup IPOs Are you ready to witness the birth of India's next e-commerce giant? Follow for more !!!

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Why every big giant company enter in "Quick E-commerce"?

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Flipkart's raising funds to turbocharge its quick-commerce venture, upgrade digital infrastructure, and expand its reach. It's about staying ahead in the e-commerce race and gearing up for the big IPO. Might be last round before IPO!

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India's e-commerce industry is expected to reach $325 billion by 2030. It's projected to surpass the US and China by 2034.

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Anonymous

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Is brick and mortar retail going to stay relevant in upcoming years with high penetrations of e commerce and quick commerce? And how should a retailer sustain in this high competitive market where all the big players are diving in retail industry.

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In 2024, India's e-commerce sector is expected to reach INR 4,416.68 billion, with an annual growth rate of 11.45%. By 2029, it's expected to reach INR 7,591.94 billion.

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What if we have a quick Commerce which works on model of e commerce Example: I ordered earpodes from an quick commerce got delivered in 10min. I ordered earpodes from e commerce got delivered in 2-3 days. Now which one should I choose to order ea

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