Funding · Commerce & Consumer Brands

Bidso raises Rs 63 crore in Series A funding round

By Startup Enthusiast · 23 March 2026

What they do

Bidso is a design-led manufacturing platform that helps consumer brands create and produce physical products at scale

The company raised Rs 63 crore ($6.7M) led by Blume Ventures with equity and venture debt components

FY25 revenue jumped to Rs 41.25 crore from Rs 7.52 crore as the firm expands its licensed product portfolio

Bidso has closed a Rs 63 crore ($6.7M) Series A funding round.
The capital mix includes Rs 51 crore in equity and Rs 12 crore in venture debt.
Existing investors Peer Capital and Sadev Capital also participated in the equity raise.
Alteria Capital provided the venture debt component of the financing.
This follows an earlier $1.5M raise in August 2023 which included seed and pre-seed stages.
Co-founders Ashwin Jain and Rahul Agarwal established the company in 2022.
The funds will be used to strengthen design capabilities and expand manufacturing capacity.

The company reported significant revenue growth from Rs 7.52 crore to Rs 41.25 crore year-over-year.
Bidso holds licenses for major global brands like Peppa Pig and Harry Potter.
The startup aims to boost Make in India demand through its SME partner network.
The business model focuses on licensing and engineering rather than just pure manufacturing.

Bidso operates as a design-led manufacturing platform for consumer brands.
It handles the entire lifecycle from product design to engineering and licensing.
The company manufactures products at scale using a network of small and medium enterprises.
Its current operational focus is primarily on the toys segment.
Bidso holds intellectual property licenses for franchises such as Transformers and NASA.
The founders plan to expand into adjacent consumer product categories beyond toys.
The company leverages its network to facilitate local manufacturing for international brand owners.

Blume Ventures (lead) — Venture capital firm leading the Series A round.
Peer Capital (existing) — Existing investor who also participated in the previous $1.5M raise.
Sadev Capital (existing) — Existing investor participating in the current round.
Alteria Capital (debt provider) — Provided the venture debt component of the financing.

Product: Digital platform and manufacturing services for design, development and production of consumer products
Customers: Consumer brands seeking manufacturing and design services for toys and consumer products
How it makes money: B2B manufacturing platform with asset-light FOCO model for expansion
What sets it apart: Design-first approach developing IP-led product portfolios; integration with 18+ marketplaces; 4X revenue growth year-over-year
Operations: Manufacturing operations in India with plans for international expansion across Europe, GCC and US