The EleFant raises $1M pre-Series to scale toy subscription network to 20+ cities
Toy rental startup The EleFant secured $1M pre-Series funding led by Growth Sense Venture Fund, with JIIF and Arian Capital participating. The FICO-model subscription service, priced at Rs 599/month, operates via 125+ franchise partners across 18 cities and targets 50,000 subscribers and 20+ cities within 12 months.
Toy subscription startup The EleFant raised $1M pre-Series led by Growth Sense Venture Fund. Operates FICO model with 125+ franchise partners across 18 cities; targets 50,000 subscribers and 20+ cities in 12 months.