Stake sale · Commerce & Consumer Brands
ICICI Prudential MF raises stake in FirstCry
By Startup Enthusiast ·
- Date
- Company
- Brainbees Solutions
- What it does
- Online baby and kids products retailer
- Kind
- Stake sale
- Amount
- ₹4.6 crore
- Stage
- public
What they do
FirstCry is an online marketplace for baby and kids products in India
What happened
ICICI Prudential Mutual Fund bought shares worth ₹4.6 crore, crossing 5% ownership
Why it matters
The fund said the purchase is for investment only and not to gain control
The details
- ICICI Prudential Mutual Fund bought 2,00,210 equity shares of Brainbees Solutions (FirstCry) on 16 February 2026.
- The purchase was worth about ₹4.6 crore.
- After the transaction, the fund held 2,62,47,897 shares, which is 5.028% of the company's paid-up capital.
- Before the purchase, the fund held 4.990% of the paid-up capital.
- The latest acquisition represents about 0.038% of FirstCry's equity.
- ICICI Prudential Mutual Fund stated the investment is for investment purposes only, not to gain control.
The bigger picture
- FirstCry reported Q3 FY26 revenue of ₹2,424 crore, up from ₹2,172 crore in Q3 FY25.
- Its Q3 FY26 losses widened 153% to ₹38 crore compared to the same quarter last year.
- The stock traded at ₹220.25 per share on 18 February 2026.
- FirstCry's market capitalisation stood at ₹14,096 crore (about $1.2 billion).
About the business
- FirstCry is an online marketplace for baby and kids products in India.
- It sells products across categories like diapers, toys, clothing, and feeding supplies.
- The company also operates offline stores under the FirstCry brand.
- It generates revenue through product sales and marketplace commissions.
- FirstCry reported ₹2,424 crore in revenue for Q3 FY26.
The deal
- Type
- open market purchase
Investors
- ICICI Prudential Mutual Fund (buyer) — A mutual fund company in India, part of ICICI Prudential group.
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