Ratan Tata invests in First Cry

Q.  Ratan Tata invested undisclosed amount in which e-commerce platform for baby and maternity products?
- Published on 21 Jan 16

a. SecondCry
b. FirstCry
c. ThirdCry
d. FourthCry

ANSWER: FirstCry
 
Ratan Tata, chairman emeritus of TATA Sons, has invested an undisclosed amount in FirstCry dot com, an e-commerce platform for baby and maternity products. Tata has made the fourth such investment after backing backed pet portal DogSpot.in, data analytic startup Tracxn, and cashback and coupons site CashKaro - in his personal capacity.After being an exclusive online retailer, FirstCry has morphed into a multiple channel retailer with presence across web and mobile as well as offline segments. FirstCry has raised USD 69 million in capital from investors including IDG Ventures India, SAIF partners, Vertex Ventures, NEA and Valiant Capital.

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