Toy maker Imagimake has received a funding of Rs 20 crore from Pidilite Ventures. The company will use the funds to increase production capacity, launch new products, and expand their operations.
The partnership with Pidilite will provide growth opportunities to Imagimake by leveraging their resources. Sudhanshu Vats, Deputy Managing Director of Pidilite Industries, expressed confidence in Imagimake’s potential to excel in both domestic and global markets.
Imagimake, founded in 2019, designs and sells educational toys, games, art, and hobby products. They have a strong presence in India and exports to 25 countries, with the US being their biggest market. The Indian toy industry is growing rapidly due to the increasing young population and higher disposable incomes.
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