India Digest: Three family offices buy SoftBank's stake in FirstCry; Udaan in fundraising talks

India Digest: Three family offices buy SoftBank's stake in FirstCry; Udaan in fundraising talks

Visual from Firstcry website

Three family investment offices have picked up a stake in SoftBank-backed baby products firm FirstCry for Rs 435 crore ($52 million), the Economic Times reported on Monday. Separately, B2B e-commerce company Udaan is in talks to raise $200-250 million in an internal round, Entrackr reported.

Edited by: Pramod Mathew

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