When was Magic Crate founded?

Magic Crate was founded in 2014 and raised its 1st funding round 1 year after it was founded.

Where is Magic Crate located?

Magic Crate is headquartered in Bengaluru, India. It is registered at 17 & 18 Jalaram Industrial Estate, Bannerghatta Road, Near Arekere Gate, Bangalore, Bangalore, Karnataka, India, 560076.

Which legal entities is Magic Crate associated with?

Magic Crate is associated with FUNFINITY LEARNING SOLUTIONS PRIVATE LIMITED.

How many employees does Magic Crate have?

As of Jun 30, 2026, the latest employee count at Magic Crate is 31.

Is Magic Crate a funded company?

Magic Crate is a funded company, having raised a total of $5.01M across 8 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Dec 23, 2015.

How much is Magic Crate worth?

The last known valuation of Magic Crate was ₹***** as of Feb 19, 2021.

When was the latest funding round of Magic Crate?

Magic Crate's latest funding was a $***** Angel round on Feb 19, 2021, with participation from 1 investor. Its primary sector is Pre-K EdTech. Globally, the Pre-K EdTech sector has seen $18.3M in funding in 2026 to date.

What is the annual revenue of Magic Crate?

Annual revenue of Magic Crate is less than ₹10 Cr as on Mar 31, 2024

Where does Magic Crate rank among its competitors?

Magic Crate ranks 9th amongst 91 active competitors, of which 13 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was EMoMee, which secured $437K in Mar, 2026.

Who are the top competitors of Magic Crate?

Magic Crate's top competitors include KidloLand, Imagimake and Butterfly Edufields. Among them, EMoMee secured the most recent funding round in March, 2026.

Magic Crate - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Provider of theme-based DIY activity kits for kids. It offers activity kits for children. The subscribers receive a crate every month with new themes such as water, wind, sun, rainforest, mad science, and more. Each crate contains all material for two science activities, one art activity, and a game.

Website: magiccrate.in
Social
Email ID: *****@magiccrate.in
Phone Number: +91 **********
Registered Address: 17 & 18 Jalaram Industrial Estate, Bannerghatta Road, Near Arekere Gate, Bangalore, Bangalore, Karnataka, India, 560076

Key Metrics

Founded Year

2014

Location

Bengaluru, India

Stage

Acquired

Total Funding

$5.01M in 8 rounds

Latest Funding Round

Angel, Feb 19, 2021, $*****

Last Known Valuation

₹***** as on Feb 19, 2021

Investors

Aarin Capital & 62 more

Ranked

9^th among 91 active competitors

Annual Revenue

0 - ₹10 Cr as on Mar 31, 2024

Employee Count

31 as on Jun 30, 2026

Similar Companies

KiwiCo & 84 more

Exit Details

Acquired by BYJU'S (Jan 01, 2022)

View Magic Crate's full profile

Magic Crate is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
FUNFINITY LEARNING SOLUTIONS PRIVATE LIMITED CIN: U74900KA2014PTC077031 , India, Active	Oct 30, 2014	0 - ₹10 Cr (As on Mar 31, 2024)	7 (As on Jan 31, 2022)

Magic Crate got acquired by BYJU'S on Jan 01, 2022.

Click here to take a look at Magic Crate's acquisition in detail

Magic Crate has raised a total funding of $5.01M over 8 rounds. Its first funding round was on Dec 23, 2015. Its latest funding round was a Angel round on Feb 19, 2021 for $*****. 1 investor participated in its latest round. Magic Crate has 5 institutional investors and 58 angel investors.

Here is the list of recent funding rounds of Magic Crate:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 19, 2021	1598208	Angel	5214873	1071386	4493833	2585922
Dec 03, 2020	5165886	Angel	9674536	8257715	1940178	K V Subramanian & 5 more
Nov 05, 2020	3346315	Angel	5213435	9568141	Akil Sahiwala	K C SudarshanReddy

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View details of Magic Crate's funding rounds and investors

Magic Crate's Board of Directors

Magic Crate's board has 2 active members. Viswanathan R and Karthik Lakshman are part of team.

Here is the list of Magic Crate's board of directors:

Name	Type	Representing	Status	Duration
Viswanathan R	Team	-	Current	11y 9m
bxbscvk	Team	-	Past	7y 2m

Magic Crate's employee count trend

Magic Crate has 31 employees as of Jun 26. Here is Magic Crate's employee count trend over the years:

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Top competitors of Magic Crate include KidloLand, Imagimake and Butterfly Edufields. Here is the list of Top 10 competitors of Magic Crate, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	KidloLand 2012, Mumbai (India), Unfunded	Interactive content for pre-school kids	-	-	56/100
2nd	Imagimake 2012, Mumbai (India), Series B	Provider of a educational and fun toys and games for children	$6.31M	Pidilite Ventures, Velocity & 2 others	51/100
3rd	Butterfly Edufields 2008, Secunderabad (India), Seed	Provider of learning platform for K-12 students	$1.13M	Aavishkaar Capital & 19 others	49/100
4th	Kidology 2022, Delhi (India), Seed	Online platform offering DIY-kits for students	$294K	-	47/100
5th	Genius Box 2015, Gurugram (India), Funding Raised	Subscription of activity kits and educational toys for kids	-	Northeastern	45/100
6th	PunToon Kids 2019, Mumbai (India), Unfunded	Platform offering learning kits for children	-	-	43/100
7th	EMoMee 2023, Mumbai (India), Seed	Provider of educational toys promoting emotional intelligence	$1.66M	DeVC, SailThru Ventures & 9 others	41/100
8th	Flintobox 2013, Chennai (India), Series B	Online platform providing theme based activity box for kids	$17.8M	Lightbox, A R Chadha And Co India & 62 others	40/100
9th	Magic Crate 2014, Bengaluru (India), Acquired	Provider of theme-based DIY activity kits for kids	$5.01M	Fireside Ventures, Aarin Capital & 61 others	39/100
10th	Nesta Toys 2021, Hyderabad (India), Funding Raised	Ecommerce platform offering toys for kids	-	AIC-GIM Foundation	37/100

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Founders (largest shareholder) own 35.85%, Funds own 7.76%, Angels own 32.44% and Other People own 23.95%. The net worth of Magic Crate's founders is INR 4.62Cr as of Jan 13, 2016.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	35.85%	4.62Cr	9993384	7698850	8320093	7626928
Fund	7.76%	1Cr	8248418	8947537	6468394	5425622
Aarin Capital	1252928	7130885	3754676	8378113	7765371	8478419
Angel	32.44%	4.18Cr	5122353	4095192	4203113	3628837
Other People	23.95%	3.09Cr	3132051	1953024	2550374	6570603
Total	100.00%	12.9Cr	7015960	2970179	7116768	5056001