EleFant, a mobile app-based toy library, has secured Rs 6 crore ($750K) in seed funding co-led by Malpani Ventures and Venture Catalysts
Summary: EleFant, a mobile app-based toy library, has secured Rs 6 crore ($750K) in seed funding co-led by Malpani Ventures and Venture Catalysts. Founded in 2023 by Sourabh Jain, EleFant aims to provide a sustainable, cost-effective solution to the toy needs of Indian families. The company’s Discover-Play-Return model offers a diverse range of toys and…