Brainbees Solutions Limited — JV/Acquisition, 13-08-2025: Acquisition
13-08-2025 | 05:38 pm
13-08-2025 | 05:38 pm
FirstCry (Brainbees Solutions) is boosting its consumer brand portfolio with a fresh investment of **₹19.96 Cr** in its material subsidiary, Globalbees Brands. This move, funded from IPO proceeds, aims to strengthen Globalbees' "house of brands" strategy, which spans beauty, home care, wellness, and fashion. Globalbees, with a FY25 turnover of **₹1577.70 Cr**, acquires and scales e-commerce brands, enhancing FirstCry's overall product offerings and digital footprint. The exact additional stake will be disclosed at acquisition stage. This clearly reinforces their focus on consolidating the digital consumer ecosystem.
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