Ahmedabad-based Mirana Toys secured Rs 58 crore in Series A funding led by Arkam Ventures, with participation from Accel and others. The capital will finance a new factory outfitted with injection molding and die-casting machines plus in-house packaging lines, boosting monthly production significantly.
Mirana Toys, a fast-growing vertically integrated toy tech manufacturer, has successfully raised Rs 58 crore in a Series A funding round led by Arkam Ventures. Other investors like Accel and Info Edge also participated, signaling strong confidence in Mirana’s growth potential.
The fresh capital injection will enable Mirana to set up a state-of-the-art manufacturing facility equipped with advanced injection molding and die-casting machines. The new plant will feature in-house packaging lines aimed at ramping up production volumes to meet growing global demand.
Currently, Mirana’s exports—especially to the United States—constitute around 40% of its sales, with ambitious plans to expand internationally. The company also aims to enlarge its design and sales teams to support this global growth.
Founded in 2021, Mirana’s product portfolio includes AI-enabled robots, AR-powered remote control cars, hobby-grade vehicles, and STEM kits such as Block Rider. The company prides itself on its full-stack manufacturing model, which streamlines design-to-delivery cycles and ensures quality control compliant with export market standards.
Key highlights:
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Rs 58 crore Series A funding led by Arkam Ventures with Accel, Info Edge participation
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New manufacturing plant with injection molding, die-casting, and in-house packaging capacity
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Expansion to meet rising global demand, with exports to the US accounting for 40% sales
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Plans to strengthen design and sales teams for international market growth
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Vertically integrated production driving efficiency and compliance with international standards
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Broad product range includes AI/AR-enabled tech toys and STEM educational kits
Sources: Moneycontrol, LinkedIn, Mirana Toys official statements