ETtech Exclusive: FirstCry to launch $75-million Thrasio-style investment venture

Omnichannel children’s retailer Firstcry will launch India’s largest Thrasio-style investment venture with $75 million in capital commitment from investors such as Japan’s SoftBank, TPG, ChrysCapital and Premji Invest, sources said.

Global Bees will buy, consolidate and fast-track the growth of brands that sell products on ecommerce marketplaces in India.