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FirstCry’s early investors look to sell

FirstCry’s early investors look to sell stake at $2.1 billion valuation

Mumbai: FirstCry’s early backers are looking to sell about 7-9% stake in the baby and mother care products retailer for $180 million in a secondary transaction that will value the company at $2.1 billion, three people with knowledge of the development said. The valuation being ascribed to BrainBees Solutions, which runs FirstCry, is almost double […]

SoftBank prepares to file for SPAC IPO w...

SoftBank prepares to file for SPAC IPO worth up to $600 million on Monday: Report

SoftBank’s Vision Fund is preparing to raise between $500 million and $600 million via an initial public offering of its first special purpose acquisition company (SPAC), U.S. news portal Axios reported on Sunday, citing multiple sources. SoftBank is said to be preparing for at least two additional SPACs, the report added. A SoftBank spokesman declined […]