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.
| Company Name | CMP |
|---|---|
| BASF India | 4035.90 |
| Tata Chemicals | 782.10 |
| SRF | 2780.75 |
| Pidilite Inds. | 1476.15 |
| Deepak Nitrite | 1875.25 |
| View more.. | |
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