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FirstCry: FirstCry parent files draft IPO papers: Six key takeaways

Omnichannel retailer FirstCry aims to raise Rs 1,816 crore through the issue of fresh shares, along with an offer for sale of more than 54 million shares. This will make FirstCry only the second Indian vertical ecommerce company to go public after Nykaa, which listed in 2021. ....

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Flipkart: Flipkart marketplace arm's revenue jumps 42% to Rs 14,845 crore in FY23, loss narrows 9%

Walmart-owned Flipkart runs its India business through various entities, and Flipkart Internet runs the marketplace where the firm earns its revenue in the form of seller commissions, advertising income, and other fees for seller services. ....

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