GlobalBees
Founded Year
2021Stage
Debt - III | AliveTotal Raised
$308.5MValuation
$0000Last Raised
$17M | 8 mos agoMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
+6 points in the past 30 days
About GlobalBees
GlobalBees focuses on nurturing and scaling direct-to-consumer (D2C) brands in various sectors. The company partners with entrepreneurs to grow their online-first businesses, leveraging an innovation-led strategy and a consumer-first approach to build the brands of tomorrow. It primarily sells to sectors including home care, wellness, skincare, moisture control, fashion jewelry, hair care, eyewear, healthy foods, and fitness. It was founded in 2021 and is based in New Delhi, India.
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Expert Collections containing GlobalBees
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
GlobalBees is included in 2 Expert Collections, including E-Commerce.
E-Commerce
10,930 items
Companies that sell goods online (B2C), or enable the selling of goods online via tech solutions (B2B).
Unicorns- Billion Dollar Startups
1,244 items
Latest GlobalBees News
Sep 3, 2024
SHARE SUMMARY GlobalBees has increased its shareholding in both Frootle India Private Limited and Wellspire India Private Limited by acquiring an additional 23% stake, for INR 105.15 Cr and INR 1.05 Cr, respectively With this investment, GlobalBees has increased its stake from 51% to 74% in both companies Founded in 2010 by Supam Maheshwari and Amitava Saha, FirstCry is an omnichannel baby and kids marketplace FOLLOW US GlobalBees, a subsidiary of the recently listed kids-focused omnichannel retailer FirstCry, has increased its shareholding in both Frootle India Private Limited and Wellspire India Private Limited by acquiring an additional 23% stake, for INR 105.15 Cr and INR 1.05 Cr, respectively, in an all-cash deal. With this, GlobalBees has raised its stake from 51% to 74% in Frootle India Private Limited and Wellspire India Private Limited — both stepdown subsidiaries of FirstCry. In an exchange filing, FirstCry said that both Frootle India Private Limited and Wellspire India Private Limited operate at arm’s length, with the group companies having no interest in these entities beyond their shareholding. RECOMMENDED FOR yOU 3rd September, 2024 It is pertinent to mention that Frootle India and Wellspire India operate in the home and kitchen appliance category, selling products under the brands “Frootle” and “Wellspire,” respectively. This comes at a time when Brainbees Solutions Limited, the parent company of GlobalBees, announced an investment of AED 50 Mn (INR 114.1 Cr) in its UAE subsidiary, FirstCry Management DWC LLC. Founded in 2010 by Supam Maheshwari and Amitava Saha, FirstCry is an omnichannel baby and kids marketplace. It got listed on the BSE and NSE at 34% and 40% premium, respectively, earlier this month. The company also reported a consolidated net loss of INR 75.7 Cr on an operating revenue of INR 1,652.1 Cr in the June quarter (Q1) of the financial year 2024-25 (FY25).
GlobalBees Frequently Asked Questions (FAQ)
When was GlobalBees founded?
GlobalBees was founded in 2021.
Where is GlobalBees's headquarters?
GlobalBees's headquarters is located at MG Road, Opposite pillar number 184, next to Arjangarh Station, 1st Floor, New Delhi.
What is GlobalBees's latest funding round?
GlobalBees's latest funding round is Debt - III.
How much did GlobalBees raise?
GlobalBees raised a total of $308.5M.
Who are the investors of GlobalBees?
Investors of GlobalBees include Avendus Capital, SoftBank, Lightspeed Venture Partners, Chiratae Ventures, FirstCry and 6 more.
Who are GlobalBees's competitors?
Competitors of GlobalBees include Heyday, GOAT Brand Labs, Thrasio, Blingg, 10club and 7 more.
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