Sidley Austin represented Brainbees Solutions Limited, the operator of the FirstCry e-commerce platform, in its US$500 million initial public offering (IPO) of equity shares. The offering was underwritten by Kotak Mahindra, BofA Securities, Morgan Stanley, JM Financial and Avendus Capital.
FirstCry is India’s largest multi-channel retailing platform for mothers’, babies’, and kids’ products, and India’s first publicly listed pure-play baby products and childcare retailer. Founded in 2010, it has rapidly expanded its footprint both domestically and internationally.
Partner Manoj Bhargava and counsel Shashwat Tewary spearheaded the Sidley team, which included Harekrishna Ashar, Sarangan Rajesh Kumar, Edward Lee, and Caulyn Bong, with additional support from Carla G. Teodoro, Nicholas R. Brown, Robert M. Kreitman, Daniel O’Shea and Alvin Wang.
