Back

Devanand Siddhardha Gangeli

Aspiring entrepreneu... • 2m

researching FirstCry’s latest strategic moves, I find its ₹300 Cr investment in Digital Age Retail Private Limited (DARP) intriguing. While the expansion of modern stores is promising, the closure of 38 outlets raises questions was it just footfall or broader retail shifts? The reliance on IPO funds and internal accruals seems balanced, but does it signal financial caution? Internationally, slow growth and rising competition in UAE/KSA pose challenges. CEO Supam Maheshwari’s confidence is reassuring, yet how will FirstCry differentiate itself from new entrants? The 9.87% stock drop hints at market skepticism can they sustain profitability amid these headwinds?

3 replies17 likes

Replies (3)

Havish Gupta

Figuring Out • 2m

imo Firstcry's hype is over and thus after making an exit for him and investors because of the IPO, he is just letting it die

0 replies1 like

The next billionaire

Unfiltered and real ... • 2m

It is done, need more options in this space

1 replies1 like

Recommendations from Medial

Aditya Arora
•

Faad Network • 8m

Meet the man who built a 22,000 CR baby care company. 1. Supam Maheshwari had become a father during his ed-tech startup, Brainvisa. He had to travel frequently to the United States and Europe. On the way back, he used to bring toys for his newborn

1 replies35 likes

Harsh Dwivedi
•

Medial • 8m

Top News of the Day: 1. Fintech firm BharatPe has raised Rs 85 crore (approximately $10 million) in debt through non-convertible debentures. 2. FirstCry’s losses fall 34% to Rs 321 cr ahead of IPO 3. Fractal To File DRHP By Sep For $600 Mn IPO At

4 replies34 likes

Harsh Dwivedi
•

Medial • 23d

Top News of the day: 1. FirstCry, led by Supam Maheshwari, will invest Rs 146 crore in its international arm, GlobalBees Brands, over 12 months. 2. Impact investor Asha Ventures is poised to secure a capital commitment from an offshore limited part

1 replies25 likes