Omnichannel baby products retailer FirstCry (Brainbees Solutions Ltd) has infused Rs 73 crore into its subsidiary Globalbees Brands Pvt. Ltd. as part of the second tranche of its Series C2 funding round, according to a stock exchange filing.
The Pune-based company subscribed to 2,220 Series C2 compulsory convertible preference shares (CCPS) at a face value of Rs 5 each and a premium of Rs 3,28,845 apiece on September 11. With this, FirstCry’s holding in Globalbees has inched up from 51.12% to 51.51% on a fully diluted basis.
This is part of the…








