🚨 FirstCry is set to file for an IPO
Net revenues grew by 46% to Rs 5,263 crore in the year ending March 2023, according to a pitch document seen by The Arc.
That is more than Nykaa, another listed omni channel retailer with a market cap of $6 bn
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@madhavchanchani
Rise of the niche e-commerce player!
Nykaa has a strong foundation in the BPC category but its real winner will be the apparel category if it is able to scale Nykaa Fashion
Electronics & Apparel make up for 80% of the e-commerce volumes!
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@madhavchanchani
While they apply for.ipo, their diaper business in total doldrums across Maharashtra. On ground report. They are all over in their supply chain policies...
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