IPO-bound FirstCry's FY23 loss up 515%, revenue jumps 135%: Report

FirstCry's net loss jumped 515% to ₹486 crore in FY23 from ₹79 crore in FY22, Moneycontrol reported citing filings sourced via Tofler. Meanwhile, its revenue from operations surged 135% from ₹2,401 crore in FY22 to ₹5,633 crore in FY23. The startup, which sells baby care products, is reportedly expected to file draft IPO papers this week.