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Latest news about Firstcry (Brainbees Solutions)

Brainbees Solutions Establishes New US Subsidiary Swara Corp 5 hours ago Yesterday

Brainbees Solutions, the parent company of Firstcry, has formed a new subsidiary called Swara Corp in the United States. This strategic move represents a significant step in the company's international expansion efforts, allowing it to establish a dedicated corporate presence in the US market through a localized entity structure.

Morgan Stanley Maintains Overweight Rating on FirstCry, Cuts Target Price to ₹365 3 days ago

FirstCry's Globalbees Expands Stake in REACH Fitness Brand Owner Dec 02, 2025

FirstCry Parent Reports 51% Surge in Q2 FY26 Adjusted EBITDA Nov 20, 2025

Firstcry (Brainbees Solutions) Targets Early-Teens Revenue Growth for FY26, Expands Delivery Network Nov 15, 2025

More news about Firstcry (Brainbees Solutions)

17Oct 25

Globalbees to Increase Stake in Dynamic IT Solution, Strengthening Position in Fitness Equipment Market

Globalbees Brands, a subsidiary of Firstcry (Brainbees Solutions), plans to acquire an additional 14.91% stake in Dynamic IT Solution for INR 1.5 Crore. This will increase Globalbees' shareholding from 75% to 89.91%. The cash transaction is expected to be completed by October 30, 2025. Dynamic IT Solution operates in the fitness equipment and sports products business under the brand 'Strauss'. The company's turnover for FY 2024-25 was INR 11.92 Crore, with a net worth of INR 1.53 Crore.

19Sept 25

FirstCry's Subsidiary Globalbees Acquires Additional 10% Stake in Plantex E-Commerce for INR 19.96 Crores

Globalbees Brands, a subsidiary of Brainbees Solutions (FirstCry), has acquired an additional 10% stake in Plantex E-Commerce for INR 19.96 crores. This increases Globalbees' shareholding in Plantex from 60% to 70%. Plantex, incorporated in 2020, operates in the kitchen and home utility products business under brands like Plantex, Impulse, and Planet. It reported a turnover of INR 170.85 crores and a net worth of INR 69.95 crores. In a separate move, Brainbees Solutions increased its ownership in Globalbees to 51.68% through a INR 19.96 crores investment in Series C3 CCPS.

12Sept 25

FirstCry's Subsidiary Globalbees Boosts Stake in Healthyhey Foods to 79.60%

Globalbees Brands Private Limited, a subsidiary of Firstcry, has increased its stake in Healthyhey Foods LLP from 60% to 79.60% for INR 8.90 crores. The acquisition strengthens Globalbees' position in the health and wellness industry. Healthyhey Foods, specializing in nutritional supplements, reported a turnover of INR 89.74 crores in FY 2024-25, up from INR 22.71 crores in the previous year. This move aligns with Globalbees' strategy to capitalize on the growing demand for wellness products.

11Sept 25

FirstCry Strengthens Hold on Globalbees with ₹73 Crore Investment

Firstcry (Brainbees Solutions) has invested ₹73 crore in Globalbees' Compulsorily Convertible Preference Shares (CCPS), increasing its stake from 51.12% to 51.51%. This investment is part of a larger ₹146 crore funding plan. Globalbees also raised ₹100 crore from other existing shareholders. Firstcry now holds 89,279 shares in Globalbees, securing majority control and strengthening its position in the roll-up e-commerce space.

05Sept 25

FirstCry Shares Soar 14% as GST Cuts Boost Key Product Categories

Shares of Brainbees Solutions, FirstCry's parent company, surged 14% to Rs 403.00 in intraday trading after the Indian government announced GST relief on key product categories. The GST Council reduced rates on personal baby care and beauty products from 18% to 5%, baby napkins and diapers from 12% to 5%, toys from 12% to 5%, and eliminated GST on certain stationery items. Despite the positive market reaction, FirstCry's recent financial performance shows mixed results with revenue up 12% YoY to Rs 1,863.00 crore, but EBITDA down 32.6% and margins compressed to 1.8% from 2.9%.

19Aug 25

FirstCry Reports 25% EBITDA Growth and Positive Free Cash Flow in Q1

FirstCry's parent company, Brainbees Solutions, reported robust Q1 results with 13% revenue growth to INR 18,626.00 million and 25% increase in adjusted EBITDA to INR 931.30 million. The company achieved positive free cash flow at the consolidated level for the first time. India Multi-Channel Business grew 8%, while International Business and Globalbees saw 13% and 31% growth respectively. Annual unique transacting customers reached 10.8 million, up 14% year-over-year. Despite challenges, FirstCry plans to open 90-100 stores this fiscal year and is set to launch its first store in Riyadh, Saudi Arabia.

27May 25

Brainbees Solutions Q4: Revenue Growth Amidst Profitability Challenges

Brainbees Solutions, FirstCry's parent company, released Q4 financials showing 15.84% YoY revenue growth to Rs 1,930.00 crore. International revenue increased by 11.00%. However, EBITDA declined 51.51% to Rs 16.00 crore, and net loss widened to Rs 76.70 crore. Apparel and footwear contributed 52.00% to India GMV, while home brands' share in GMV rose from 37.00% in 2020 to 55.00% in 2025.

26May 25

Brainbees Solutions Approves ₹1.46 Billion Investment in GlobalBees Brands

Brainbees Solutions, a major Indian e-commerce player, has approved an investment of up to ₹1.46 billion (approximately $17.7 million) in GlobalBees Brands, a company known for partnering with digital-first brands. The specific purpose of the investment remains undisclosed, but it could potentially be aimed at expanding market reach, diversifying product offerings, or strengthening supply chain capabilities.

26May 25

Brainbees Solutions: FirstCry Parent's Q4 Net Loss Widens, Revenue Grows 16%

BrainBees Solutions, FirstCry's parent company, reported Q4 financial results with revenue increasing 16% YoY to ₹1,930.00 crore, but net loss widening to ₹111.00 crore from ₹43.00 crore YoY. Full-year performance showed 18% revenue growth to ₹7,660.00 crore and reduced losses of ₹265.00 crore. Adjusted EBITDA for the fiscal year improved by 43% YoY to ₹394.00 crore.

26Mar 25

Brainbees Solutions Announces Strategic Investments in Subsidiaries and Key Appointment

Brainbees Solutions Limited, FirstCry's parent company, has approved investments of up to ₹146 crore in Globalbees Brands and ₹20.98 crore in FirstCry Management DWC LLC. The latter investment aims to expand operations in Saudi Arabia. Additionally, Ms. Neha Virendra Surana has been appointed as Company Secretary & Compliance Officer.

25Mar 25

Brainbees Solutions Approves Strategic Investments in Subsidiaries, Appoints New Company Secretary

Brainbees Solutions Limited, FirstCry's parent company, plans to invest ₹146 crore in subsidiary Globalbees Brands and 9 million AED in Firstcry Management DWC LLC. Globalbees' turnover grew from ₹103.98 crore in FY2021-22 to ₹1,209.35 crore in FY2023-24. FC Management's turnover increased from ₹346.92 crore to ₹748.04 crore in the same period. The company also appointed Ms. Neha Virendra Surana as the new Company Secretary, Compliance Officer, and Key Managerial Personnel.