FirstCry’s addressable market, ownership should concern investors
The institution-driven startup is clearly looking to get its early backers a profitable exit in the IPO. Meanwhile, incoming investors can expect serious operational and financial headwinds.
January 11, 2024•15 min
0
January 11, 2024•15 min
0

More in Business
Business
Ambani’s Reliance taps Gulf crude as pressure mounts on Russia
The sourcing shift underlines Reliance’s effort to insulate operations from geopolitical turbulence.
You may also like
Internet
Inside Ferns N Petals’s transformation to succeed in the Middle East
The three-decade-old gifting company has quietly built a substantial and profitable business in the Middle East. Its trajectory holds many lessons for consumer startups aspiring to set up shop in the region.
Internet
Lenskart may be the redemption Indian new-age businesses need
The 17-year-old eyewear company is finally approaching the public markets. Its stellar numbers and international footprint set it apart.
Internet
What FirstCry’s latest results say about the Middle East
The Indian mother and baby products retailer may not have fared as well as it hoped. But the Middle East business landscape is promising enough to stay put.