Indian baby products retailer FirstCry files for $218m IPO; M&M, TPG to sell stake

Indian baby products retailer FirstCry files for $218m IPO; M&M, TPG to sell stake

Jomjakkapat Parrueng / Unsplash.com

SoftBank-backed FirstCry filed for an initial public offering on Thursday, making the baby products retailer the latest among a string of Indian firms to go public in recent months.