Arkam leads Rs 57.5 Cr Series A round in Mirana Toys

Mirana Toys has raised Rs 57.5 crore ($6.9 million) in Series A funding led by Arkam Ventures, with participation from Accel, Info Edge, and Riverwalk Holdings. 

The proceeds will be used to set up a new factory with injection-molding and die-casting machines and in-house packaging lines. This will increase production to meet domestic and export demand. Mirana will also expand its design and sales teams for international growth.

Founded in 2021 by Devansh Sharma and Ravi Yadav, Mirana designs and manufactures AI-enabled robots, AR-enabled RC cars, RC…