2.28 Teardowns | NewStore & FirstCry

The Omni-channel merchant software provider that has raised $150m+ and the Indian unicorn focused on baby products

Hi Everyone 👋,

Welcome to Teardowns. We’re excited to have you join us for this experiment as we dive into the fastest-growing companies across different industries and geographies.

As we kick-off, we’re going to be playing around with different formats for this newsletter to figure out what works best for sharing the latest teardowns. We’d love to get feedback from you on any ideas as you receive these – everything from cadence of the emails to how we package things.

You can reach me at any time by just replying to this email or messaging our team at team@sandhill.io. Our hope is to build something we can all benefit from and so we’d love to involve as many collaborators as we can.

Ali

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Today’s Teardowns

• Newstore – Providing a suite of omni-channel software for retail merchants. Started by the founder of DemandWare.

  • Founded: 2015. Funds Raised: $150M+. Countries Served: 40+.

• FirstCry – Indian eCommerce company focused on selling baby and kids products.

  • Founded: 2010. Valuation: ~$2B. Revenue (‘20): $120M.

Recent Teardowns

• Getir – The quick-commerce company that has inspired dozens of clones across the globe

  • Founded: 2015. Funds Raised: $1B. Users: 3.5M+.

• Good Glamm Group – Building a direct-to-consumer beauty brand in India

  • Founded: 2016. Funds Raised: $280M+. Valuation: $1.2B.

• Moonbug – An entertainment company focused on distributing kid’s content on digital platforms

  • Founded: 2018. Funds Raised: $265M. Valuation: $3B.

• Urban Company – India’s largest home services platform

  • Founded: 2014. Funds Raised: $440M+. Valuation: $2.8B+.

• Pattern – Accelerating eCommerce brands across global marketplaces online. 3rd largest seller on Amazon.

  • Founded: 2013. Valuation: $2B+. 2020 Sales: $500M+.

• Bykea – Building a super app in Pakistan starting with a ride-hailing and courier app focused on motorbikes rather than car-based fleets

  • Founded: 2016. Funds Raised: $18M+. Driver Fleet: 30K+.

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Feedback or Suggestions?

These teardowns are very much an experiment in public beta. We’ll be modifying our templates and processes – please do share any feedback or suggestions through our typeform or via email (team@sandhill.io)!

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