Pidilite Industries’ wholly owned subsidiary -- Pidilite Ventures has invested upto Rs 34 crore in Imagimake Play Solutions (Imagimake). Imagimake is an innovation-led company designing and distributing educational toys, games, and art & hobby products. This Series B round comprises a mix of primary and secondary capital. The investment from this round will enable Imagimake to accelerate capacity expansion, strengthen R&D, and scale its global distribution network.
This is the Pidilite Ventures’ second investment in Imagimake, following its Series A infusion of Rs 20 crore in October 2023. Pidilite Ventures invests in fast-growing and innovative companies that have synergies with the company’s core and adjacent businesses.
Pidilite Industries is a leading manufacturer of adhesives and sealants, construction chemicals, craftsmen products, DIY (Do-It-Yourself) products and polymer emulsions in India.
