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FirstCry looks to raise up to $501m from India IPO at $2.9b valuation

FirstCry looks to raise up to $501m from India IPO at $2.9b valuation

Photo by Michal Bar Haim on Unsplash

BrainBees Solutions, the parent of Indian retailer FirstCry, is seeking to raise up to $501 million in an initial public offering, valuing the company as much as $2.9 billion, according to a term sheet seen by Reuters.

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