Toonz Launches New OTT Platform for Kids and Family Entertainment
Toonz Media Group, one of the leading entertainment companies specializing in animation content production, on Thursday announced the launch of a new OTT platform for kids and family entertainment called “MyToonz”. February 25, 2021 Toonz Media Group, one of the leading entertainment companies specializing in animation content production, has announced the launch of a new […]
Aequs, Foxconn of Toy World to Set Up India’s First Toy Cluster in Karnataka
Aequs Private Limited is developing a 400-acre toy manufacturing cluster at Koppal in Karnataka at an investment of USD 500 million, its Chairman Aravind Melligeri said. March 01, 2021 It is Foxconn of the toy world, manufacturing some of the most popular superhero figures and toy dart guns at a factory in Karnataka for some […]
IKEA looking to source children’s range from India
The multinational furniture retailer is intending to scale local sourcing from India as part of its expansion plans in view of the increasing demand. For toys, IKEA works with a single-sourcing partner from where it procures soft toys. March 01, 2021 Swedish furniture retailer IKEA is planning to scale sourcing of toys and its children’s […]
Mamaearth to hire 200 people this year, crosses Rs 500 Cr revenue run rate
Mamaearth Co-founder and CEO Varun Alagh said the company is looking to have around 500 team members by the end of this year. February 24, 2020 Honasa Consumer Pvt Ltd (HCPL), which runs personal care brand Mamaearth, is looking at expanding its headcount by hiring 200 people across various roles this year as it sees […]
Ecobee adds baby monitoring features to its SmartCamera
With this development, parents will be able to turn a home security camera into always-on audio, which is required for a baby monitor. The SmartCamera is also compatible with Apple’s HomeKit platform (including HomeKit Secure Video) and Amazon Alexa. February 24, 2021 Ecobee has launched its SmartCamera home security camera by adding a few new […]
Mattel Toys launched UNO cards to honour frontline workers
The cards feature all the Mattel characters and are a part of its global ‘Thank You Heroes’ initiative. Mattel has partnered with GiveIndia, and a portion of the sales proceeds will reach its partner NGOs, which will then be used to provide essential supplies and resources for the frontline workers. February 23, 2021 Mattel has […]
Government Approves Eight Toy Manufacturing Clusters Worth Rs 2,300 Crore
The plan to establish toy clusters is under the existing set of schemes such as SFURTI and the eventual goal is to set up 35 toy clusters across the nation. February 22, 2021 With the aim to propel the ‘Make in India’ initiative for domestic manufacturing of toys, the Central Government has granted approval for […]
FirstCry in talks to raise up to USD 200 mn
Asia’s largest online omnichannel platform for baby care, maternity, and kids products is also looking at going initial public offering (IPO) way over the next two years. February 20, 2021 Pune-based baby care, kids, and maternity products retailer FirstCry is looking to raise USD 150-180 million in secondary funding which is expected to double the […]
Railway Stations in Bengaluru Division to Showcase Channapatna Toys
The move of starting the center at the railway station is in line with the government’s proposition of giving a boost to the local toy manufacturing and promote the industry. February 18, 2021 A display-cum-promotion center for the well-known Channapatna toys and other local handicrafts has been opened at the railway station at Channapatna in […]
Vacos Launches Its First Baby Monitor Globally to Provide a Hackproof Way to Care for Babies
The new baby monitor is powered by FHSS transmission technology and has 100% Hackproof Encryption amongst other unique and favourable features. February 18, 2021 Vacos has announced the global launch of its first hackproof Baby Monitor, a huge breakthrough offering customers an all-in-one intelligent way to keep tabs on their babies at home remotely. Private […]