India, May 15 -- D2C toymaker Legend of Toys has bagged Rs.21 Cr (around $2.2 Mn) in its pre-Series A round led by Singularity Early Opportunities Fund, with participation from Veltis Capital, Enzia Ventures, DeVC, Atrium Angels, and Stride.

The startup plans to use the funds to deepen its remote-control (RC) and narrative play lines, scale source and manufacturing capabilities, and build out international distribution. It will also focus on growth across new play categories, including DIY, increased investment in consumer marketing, and digital expansion across global markets.

Founded in 2024 by Afshaan Siddiqui and Vinay Jaisingh, Legend of Toys is building a character-driven play universe, combining its toys and accompanying storylin...