Bengaluru startup Legend of Toys has raised Rs 21 crore in a pre-Series A round to scale its premium RC vehicle brand. Founded in 2024 by ISB alumni Afshaan Siddiqui and Vinay Jaisingh, it has already hit an annualised Rs 30 crore run-rate within 18 months and is growing 20% month-on-month. The money will fund new play categories, marketing, manufacturing upgrades and international expansion. Its character-led toy universe plus a free lifetime repair service aims to create repeat purchases, not one-offs.
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