Economic Edge News Desk

EleFant, a toy library based in Mumbai and operating through a mobile app, received Rs 6 crore ($750K) in seed funding co-led by Venture Catalysts and Malpani Ventures.

EleFant, a toy library based in Mumbai and operating through a mobile app, received Rs 6 crore ($750K) in seed funding co-led by Venture Catalysts and Malpani Ventures.

Key Points Seed Funding Success: EleFant, a Mumbai-based mobile app-based toy library, secured Rs 6 crore in seed funding co-led by Venture Catalysts and Malpani Ventures. Founding Vision: Founded in 2023 by Sourabh Jain, EleFant aims to transform how Indian families engage with toys and play, offering a diverse selection of toys and books for…

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