SoftBank’s happiness In the news. Indian family offices buy INR435 crore SoftBank stake in FirstCry. Inside the news. The Economic Times, quoting FirstCry founder Supam Maheshwari, reported that family offices of the heads of Manipal Group, Marico, and DSP India would buy shares in the IPO-bound company in a secondary transaction. SoftBank Vision Fund, which owns 29% of the company, will offload 1.5%-2% shares of the online baby-products
4 insights to kick-start your day, featuring a happy SoftBank
Synopsis
In Primeshots today: SoftBank’s happy FirstCry; Citi splits institutional clients group; new norms for car-safety; and Modi-Xi chat at BRICS?
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