MoneyWorks4Me

Imagimake raises Rs 20 crore from Pidilite Industries' arm

13 Oct 2023 Evaluate

Imagimake has raised Rs 20 crore from Pidilite Ventures, a wholly owned subsidiary of Pidilite Industries. Imagimake designs and distributes an innovative range of educational toys, games, and art & hobby products. Imagimake intends to utilize this fund for capacity expansion to meet the growing demand and invest in launching an innovative range of new products in the next 18-24 months. The company already has several products in India that feature among the bestsellers on leading marketplaces.

Pidilite Industries is a well-known name in the adhesives market.


Peers
Company Name CMP
Godrej Industries 1103.20
SRF 2454.00
BASF India 3542.05
Pidilite Inds. 1522.00
Tata Chemicals 734.50
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