PE-VC Fund Investments
Aditi Toys raises Rs.36-Cr led by GVFL
Rajkot-based Aditi Toys has raised INR 36 crore in a funding round led by GVFL, with participation from the founders’ family and friends.Founded in 2015 in Rajkot, Aditi Toys manufactures a range of toys and sells through 150 distributors and 15,000 retailers under its flagship brand, 'Chanak'. The fresh capital will be used to support product innovation and market expansion.
For FY24, Aditi Toys had reported about INR 57 Cr in Operating Income and about INR 4 Cr in PAT.
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