# Candytoy Corporate Pvt

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/candytoy-corporate-pvt

- Industry: Materials
- Headquarters: Indore, India
- Website: www.smtoysctc.com/
- Total disclosed funding: $13M
- Latest round: Series A (Dec 9, 2024)
- Investors on record: 3

## About

Based in Madhya Pradesh, India, and founded in 2019 by Director Gaurav Mirchandani, Candytoy Corporate Pvt Ltd is a producer of confections and promotional toys for kids. In November 2024, Candytoy Corporate Pvt Ltd raised INR 1.1 billion in Series A funding.

Candytoy Corporate Pvt Ltd produces promotional toys and confectionery items based on plastic injection technology for the food packaging industry. The company manufactures promotional toys through its 5 injection molding machines. As of 2024, the firm produces plastic promotional toys and confectionery items under the brand name SM Toys.

The company plans to use the funding from November 2024 to open more manufacturing units within Indore, India.

## Funding rounds

- Series A, Dec 9, 2024, $13M — Sixth Sense Ventures, Abakkus Asset Manager, Anchorage Capital Partners

## Investors

- Sixth Sense Ventures (https://capitalatlas.ai/funds/sixth-sense-ventures) — Series A
- Abakkus Asset Manager (https://capitalatlas.ai/funds/abakkus-asset-manager) — Series A
- Anchorage Capital Partners — Series A