Mirana Toys has raised Rs 57.5 crore in a Series A round led by Arkam Ventures, with Accel, Info Edge, and Riverwalk Holdings also participating, according to media reports. The toymaker plans to deploy the capital to establish a new manufacturing facility equipped with injection-moulding and die-casting capabilities, supported by in-house packaging infrastructure.
The company is simultaneously expanding its design and sales teams as it targets stronger global traction. Mirana expects its B2B division to become its primary revenue driver, supported by rising demand in domestic and international markets.
Founded in March 2021 by Devansh Sharma and Ravi Yadav, Mirana Toys builds smart and connected toys, including AI-powered robots, AR-enabled RC cars, and hobby-grade RC vehicles.
