Brands
Funskool plays it smart, crosses Rs 300 crore turnover with 20 per cent export boost and desi brand wins
MUMBAI: India’s homegrown toy titan Funskool just levelled up in a big way. For FY 2024–25, the company clocked a turnover exceeding Rs 300 crore—powered by a potent mix of desi hits and global play.
Recording over 20 per cent year-on-year growth, the brand credited its performance to a sharpened export strategy and deepening alliances with global toy majors. Exports alone surged by nearly 30 per cent, solidifying Funskool’s role as a serious player in the global toy trade.
“We are moving in the right direction. With an impressive growth trajectory, Funskool continues to play a vital role in advancing the ‘Make in India’ initiative,” said Funskool India Ltd CEO K.A. Shabir. “We are focused on deepening our partnerships with global toy brands and further positioning ourselves as a quality toy manufacturer in the international supply chain.”
Currently, Funskool contributes close to 20 per cent of India’s total toy exports. Its outbound shipments to the United States now account for around 40 per cent of that volume, giving the brand a strong foothold in one of the world’s largest toy markets.
The company’s ambitions don’t end there. For the ongoing fiscal, Funskool has set its sights on USD 40–45 million in revenue, driven by capacity expansions and the global tilt toward Indian manufacturing. The firm recently doubled output at its Ranipet facility and is now planning further upgrades at both Ranipet and Goa plants.
On the home front, the company has steadily built out its portfolio of Indian brands—including Giggles, Fundough, Handycrafts, Play&Learn, and its growing lineup of board and card games—cementing its reputation as a market leader.
With exports scaling and domestic love holding firm, Funskool’s FY25 performance proves that playtime pays off.
Brands
Hyundai India posts record April sales with 17-per cent growth
Domestic sales hit 51,902 units, exports stand at 13,708 units
MUMBAI: Hyundai is clearly shifting gears and April has put the pedal firmly to the metal. Hyundai Motor India Limited (HMIL) has reported its highest-ever domestic sales for the month of April, clocking 51,902 units in April 2026, marking a 17 per cent year-on-year growth. The milestone sets a strong tone for the new financial year, signalling sustained demand momentum across its portfolio. Alongside domestic performance, the company recorded export volumes of 13,708 units for the month, underlining its continued strength in overseas markets.
The growth has been driven by a mix of refreshed models and special editions across segments. Recent launches and updates including the Exter, Verna, Ioniq 5, Creta Summer Edition, Grand i10 NIOS Vibe Edition and Venue Knight Edition have helped keep the line-up competitive in an increasingly crowded market.
A standout performer was the Venue, which recorded its highest-ever monthly domestic sales of 12,420 units. The model’s 5-Star Bharat NCAP safety rating, including for the VENUE N Line, appears to have bolstered consumer confidence, reflecting a broader industry shift where safety credentials are becoming a key purchase driver.
Tarun Garg, Managing Director and CEO, HMIL, said the company has carried forward recent momentum into the new financial year, with product interventions and safety-focused positioning playing a central role in driving growth.
The numbers suggest Hyundai’s strategy is ticking multiple boxes fresh product cycles, safety-led messaging and steady export performance. If April is any indication, the company isn’t just starting the year strong, it’s aiming to keep the engine running at full throttle.
