
BIDSO, a design-led manufacturing
platform for toys and consumer products, has raised Rs 63 crore ($6.78 million)
in a Series A funding round led by Blume Ventures. The round also saw
participation from Peer Capital, Sadev Capital, and venture debt firm Alteria
Capital. The proceeds will be used to build its pipeline of IP-led products,
expand into global markets, and strengthen its design and innovation
capabilities.
The startup operates an
asset-light FOCO (franchise-owned, company-operated) model, allowing it to
expand manufacturing capacity without heavy capital expenditure.
The brand is also targeting
international expansion across Europe, GCC, and the US, while working with
global brands. BIDSO plans to scale its revenue to Rs 400–500 crore over the
next 2–3 years, driven by growth in IP-led products and improved operating
leverage.
About BIDSO
BIDSO has been Founded by former
Flipkart and Udaan executives Vivek Singhal, Rahul Agarwal, and Aditya
Krishnakumar. BIDSO focuses on a design-first approach, moving beyond
traditional contract manufacturing models. It develops product portfolios that
brands can adopt and scale, rather than only offering execution capabilities.