The EleFant raises $1M pre-Series to scale toy subscription network to 50,000 users
Toy subscription startup The EleFant secured $1M in pre-Series funding led by Growth Sense Venture Fund, with JIIF and Arian Capital participating. The FICO-model operator runs 125 franchisees across 18 cities, offering access to 1,000+ toys from 90 brands at Rs 599. Targets 50,000 subscribers and 20+ cities in 12 months.
Toy subscription startup The EleFant raised $1M pre-Series led by Growth Sense Venture Fund. Operates FICO model with 125 franchisees across 18 cities, targeting 50,000 subscribers and 20+ cities in 12 months.
Why this matters
The EleFant's $1M pre-Series funding signals a clear scale-up push, building on its earlier announcement to expand the toy subscription network into 20+ cities and deepen franchise reach.
Retail-brand activity steady with 1,062 signals over the past 90 days.