Design-led manufacturing platform BIDSO has raised Rs 63 crore in a Series A funding round led by Blume Ventures. The company plans to use the funds to expand its global toy production capacity and design capabilities.
The funding round includes Rs 51 crore in equity and Rs 12 crore in venture debt provided by Alteria Capital. Existing investors Peer Capital and Sadev Capital also participated in the equity portion of the round. This follows a January 2025 pre-Series A round and a July 2023 seed round.
Company Context
BIDSO, formally incorporated in January 2023, specializes in outdoor and mobility toys such as tricycles, scooters, baby walkers, and electric ride-ons. The company currently operates six manufacturing units across the National Capital Region, Rajkot, Goa, and Puducherry, with a monthly capacity of over 100,000 units.
Industry Context
The investment comes as global brands increasingly look to diversify their supply chains beyond China, which has historically produced nearly 70% of all toys sold worldwide. BIDSO plans to leverage its manufacturing capabilities to expand into adjacent consumer product categories such as strollers, high chairs, sanitary products, and home appliances.
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Source: YourStory