India’s emerging toy-tech sector received a major boost as Mirana Toys secured ₹57.5 crore in its Series A funding round. The investment was led by Arkam Ventures, with additional participation from Accel, Info Edge and Riverwalk Holdings. For a company that began only a few years ago, this marks a strong moment of recognition and sets the stage for its next phase of growth in both domestic and international markets.

Fresh Capital Fuels Mirana’s Next Growth Leap

The newly raised funding strengthens Mirana’s ability to scale at a time when interest in smart, educational and interactive toys is growing rapidly. Over the past few years, parents and educators have increasingly looked for products that encourage learning through hands-on exploration, robotics and technology-assisted play. Mirana’s timing aligns well with this shift, and the capital infusion gives the company the bandwidth to move faster and more efficiently.

The brand already offers a wide range of technology-driven toys, and the new investment is expected to help it broaden its catalogue and reinforce its product development pipeline. This includes strengthening internal teams, streamlining production processes and preparing the company for future demand across multiple markets.

A New Factory Built for Scale and Speed

A significant share of the funding will go into building a new manufacturing facility designed to support fast, reliable and large-volume production. This factory will include injection-moulding units, die-casting machines and in-house packaging lines, critical components that enable a toy-tech company to manage output efficiently and maintain consistent quality.

By expanding its manufacturing capacity, Mirana aims to reduce its dependence on external suppliers, shorten turnaround times, and increase control over every stage of production. This is particularly important for a company producing electronic and mechanical toys that require precision, durability and compliance with international safety standards.

The factory expansion also reflects Mirana’s long-term ambition to serve both domestic and export markets at higher volumes. With global interest rising in Made-in-India products across categories, enhanced manufacturing capabilities position the company to respond quickly to new opportunities.

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Innovation at the Heart of Mirana’s Toy-Making DNA

Mirana Toys was founded in 2021 by Devansh Sharma and Ravi Yadav. From the beginning, the company adopted a vertically integrated approach to toy creation. Every critical function, 3D design, prototyping, electronics integration, tooling, molding, assembly and quality control, is handled within the company’s ecosystem.

This model gives Mirana the ability to innovate faster while maintaining tight control over product consistency. It is especially relevant in the toy-tech segment, where even small variations in components can impact performance. With an in-house system, the company can test new ideas, refine prototypes, and transition concepts into finished products without relying on multiple external partners.

Mirana’s product line reflects its focus on technology-driven play. The company designs AI-enabled robots, AR-based remote-control cars, RC vehicles, STEM kits and a variety of electronic learning toys. These offerings cater to children who enjoy hands-on discovery, early exposure to robotics, and imaginative play enhanced by technology.

Global Demand Pushes Mirana Beyond Indian Borders

Mirana has steadily grown its presence in international markets. The company already supplies products to buyers in the United States, which forms a meaningful share of its overall demand. It is also engaged in discussions with distributors in Europe, the Middle East and Africa, indicating a clear aspiration to broaden its footprint further.

In addition to exports, Mirana has developed partnerships with Indian automobile brands for licensed toy models. These collaborations tap into the rising interest in collectible toy vehicles and branded play experiences.

A Strong Home Base With Nationwide Reach

Mirana​‍​‌‍​‍‌​‍​‌‍​‍‌ is equally a favored brand in India. Its offerings can be found in over 3,000 retail stores spread across the nation, such as large toy outlets and mall-based retailers. The company has put in place an efficient distribution system on the leading e-commerce and quick-commerce platforms, thus, making its products accessible to customers living in the interiors of the country besides those in the urban areas.

As of now, the number of children worldwide that play with Mirana Toys has surpassed one million, which is a remarkable success for a company that was established just a few years ​‍​‌‍​‍‌​‍​‌‍​‍‌ago.

A New Chapter for India’s Toy-Tech Future

The successful Series A funding round signals more than financial backing. It reflects increasing confidence in India’s capability to design and manufacture advanced toys that appeal to a global audience. With expanded manufacturing, a strong design foundation and rising visibility in export markets, Mirana is positioned to play a meaningful role in shaping India’s toy-tech future.

As the company moves into its next phase, it represents the growing potential of Indian innovation, where creativity, engineering and play come together to create products for children worldwide.

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