Bengaluru's BIDSO, a manufacturing platform, has successfully raised ₹63 crore in a Series A funding round.
The investment was led by Blume Ventures, a notable player in the venture capital space.
These funds are earmarked for expanding BIDSO's global toy production and design capabilities.
This move comes in response to the increasing trend of companies diversifying their supply chains, often referred to as the China+1 strategy.
BIDSO aims to leverage this opportunity to strengthen its position in the toy manufacturing sector.
