500 Global injects $4.2m for Malaysian babycare firm’s global expansion

500 Global injects $4.2m for Malaysian babycare firm’s global expansion

Tech in Asia·2024-03-27 17:01

(Middle) Applecrumby co-founders Sean and Jesmine Tan / Photo credit: 500 Global

India’s babycare industry has seen rapid growth, with local player FirstCry set for a US$219 million IPO sometime this year. Players in Southeast Asia, however, face a fragmented region with a slowing birth rate.

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