
FirstCry.com, a Pune-based baby products company, is the latest Indian e-commerce company to receive funding.
According to Tech Crunch, the startup announced that it has raised 26 million dollars led by Valiant Capital Partners.
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It is reported that the company altogether grabbed 55 million dollars in another round of funding following the return of its existing investors.
India is witnessing a record growth in its e-commerce market. Experts believe that the e-commerce market in India will be worth 43 billion dollars by the end of this decade.
Source: ANI
Source: ANI
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