FirstCry has led a series A equity and debt round for GlobalBees, an e-commerce aggregator co-founded by FirstCry's CEO.
Childcare e-commerce marketplace operator FirstCry has led a $150m series A round for India-based e-commerce aggregation startup GlobalBees, TechCrunch reported yesterday.
The round was backed by venture capital firm Lightspeed Venture Partners and consisted of $75m of equity funding and $75m of debt financing. TechCrunch reported the deal as the largest India-based series A round announced to date.
GlobalBees is looking to acquire and develop e-commerce brands that sell products on online marketplaces such as Amazon and Flipkart. It operates…
