SEBI had sought 25 KPIs, of which FirstCry provided only 5-6 in its first set of filings. The refilling will reflect FirstCry s updated performance, until December 2023, instead of September 2023, as was the case earlier.
Manipal Group chairman Ranjan Pai is likely to pick up a stake in FirstCry, as part of a secondary share sale. Pais Rs 250 crore investment could come at a valuation of about $3 billion for the Pune-based ecommerce firm looking to file its draft IPO papers before the end of this year. All this and more in todays Morning Dispatch.