MAM
Toy story triumph: Funskool wins top honour for export excellence
MUMBAI: Playtime just turned into prize time. Funskool India, the country’s biggest toymaker, has clinched the coveted platinum award from the Sports goods & toys export promotion council (SGEPC) for outstanding export performance in 2024–25.
The award, highest in its category, was presented to, Funskool India Ltd., CEO, K A Shabir at a ceremony in New Delhi attended by union minister of youth affairs and sports, Dr Mansukh Mandaviya.
Celebrating the win, Shabir said, “We are truly honoured to receive this recognition. It reflects our team’s relentless focus on quality, innovation, and excellence. At Funskool, we have always believed in showcasing India’s toy-making capabilities to the world, and this award reaffirms our mission to make India a global hub for toy manufacturing.”
Founded in 1987 and backed by the MRF Group, Funskool has been a pioneer in introducing safe, high-quality toys to Indian households, while also exporting a vast range of products worldwide. With state-of-the-art facilities in Goa and Ranipet, the company continues to raise the bar for India’s toy industry.
For parents and children alike, Funskool’s success means more than just play, it’s proof that Indian toys are winning hearts and markets across the globe. After all, when it comes to fun, this homegrown brand knows how to play to win.
Brands
FSS names Anand Krishnamurthi head of global digital delivery
Tech veteran to drive AI-first, cloud-led transformation in payments globally
CHENNAI: Financial Software and Systems (FSS), an AI-first payment infrastructure company, has appointed Anand Krishnamurthi as head of global digital delivery.
In his new role, Anand Krishnamurthi will lead FSS’s global digital delivery capabilities, focusing on AI-first and cloud-led transformation while ensuring predictable, high-quality outcomes for customers worldwide. He will be based in Chennai and report to V. Balasubramanian, CEO of FSS.
Bringing 28 years of experience in technology and digital transformation across banking, capital markets, financial services, and insurance, Anand has held senior leadership positions at Cognizant and NuSummit. He is recognised for scaling multi-geography delivery teams, leading mission-critical platforms, and embedding AI-driven automation in complex, regulated environments.
“What drew me to FSS is its deep payments expertise, strong product DNA, and the scale at which its platforms power real-world financial ecosystems,” said Anand Krishnamurthi. “I aim to strengthen delivery predictability, execution rigor, and engineering quality, building empowered teams that deliver measurable customer outcomes. FSS has a unique opportunity to create real-time, AI-infused payments infrastructure that is resilient, secure, and globally scalable.”
V. Balasubramanian added, “Anand’s track record in leading multi-geography delivery programs and AI-first operating models makes him the ideal leader for FSS as we accelerate our AI-driven digital payments business. His leadership will help us raise the bar for outcomes globally.”
This appointment is part of FSS’s broader push to build an AI-powered, cloud-native delivery organisation capable of meeting the evolving needs of banks, fintechs, and financial institutions worldwide.








