Legend of Toys nets Rs 21 cr Pre-Series A as Indian toy challengers ride import-substitution wave

Singularity, Veltis and Enzia back the homegrown toy brand, which clocked Rs 30 cr ARR in 18 months at 20% MoM growth. Capital fuels category expansion, manufacturing build-out, marketing and a global push as India toy imports fell 52% and exports surged 239% from FY15-FY23.

Legend of Toys raised Rs 21 cr Pre-Series A from Singularity, Veltis and Enzia to scale categories, manufacturing and global expansion.

ET Small Business · 5/15/2026, 6:45:22 AM · Ask about this →

Legend of Toys + Atrium Angels + DeVC + Enzia Ventures + Singularity Early Opportunities Fund + Stride + Veltis Capital +