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Legend of Toys raises ₹21 cr pre-Series A to expand RC and narrative play into DIY and global markets
Startups
Published on 15 May 2026
A repair-not-replace model promises free lifetime service
D2C toy startup Legend of Toys has raised ₹21 crore in a pre-Series A round led by Singularity Early Opportunities Fund, with participation from Veltis Capital, Enzia Ventures, DeVC, Atrium Angels, and Stride. Founded in 2024 by Afshaan Siddiqui and Vinay Jaisingh, it will use the funds to deepen its RC and narrative play lines, scale manufacturing, and expand international distribution. The brand also plans growth in DIY and more consumer marketing, alongside digital expansion.
- Legend of Toys raised ₹21 crore pre-Series A to fuel expansion
- Round was led by Singularity Early Opportunities Fund with multiple angel funds
- Startup targets deeper RC and narrative play, plus new DIY categories
- It claims ₹30 crore annualised run rate in 18 months with 20% MoM growth
- Toys are priced at ₹1,799 to ₹8,799 across RC drift, high speed and off-road models
- After-sales “repair-not-replace” offers free lifetime service to drive repeat revenue
Read the full story at Inc42
This summarization was done by Beige for a story published on 
Inc42