SoftBank, NewQuest looking to sell shares of IPO-bound FirstCry: Report
Image Credit: firstcry
Investors such as SoftBank and NewQuest Capital Partners, among others, are reportedly looking to sell shares in the IPO-bound ecommerce unicorn FirstCry. According to sources cited in an ET report, Japan’s SoftBank is looking to reduce its holding in FirstCry. Currently, the Masayoshi Son-led investor is the biggest investor, with a 29% stake in the ecommerce unicorn.