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Skillmatics explores funding round after posting 34.5% revenue growth to Rs 659 crore in FY26.
PRIVATESep 21, 2026•about 3 hours ago
Amount Raised
₹6.59 Billion
Round Type
Venture - Series Unknown
Bengaluru
Description
Educational toys and learning games company Skillmatics is exploring a fresh funding round to accelerate growth and expand operations. The company recorded Rs 659 crore in revenue from operations in FY26, up 34.5% from Rs 490 crore in FY25, while maintaining profitability. Skillmatics operates a D2C and omnichannel business serving children aged 1-12, with products available in over 25 countries and distributed through 3,000+ retail stores. International operations accounted for 87% of operating income, with North America as its largest market.
Company Information
Company
Skillmatics
Location
Bengaluru, Karnataka, India
About
The firm plans to use the funds to strengthen its presence in the US market, expand the brand’s product offerings to new-age groups and product categories, scale up its presence in new international markets like Japan and Australia, and make strategic acquisitions. The startup has products that focus on reading, logical reasoning, STEM and social-emotional skills in children through games. offline function will be the company’s large focus in the US market, Sheth said adding that the startup is also hiring a top sales head for its US operations. Founded in 2017 by Dhvanil Sheth and Devanshi Kejriwal, Skillmatics operates in the $100 billion global toys and games market.
Fundz sees it the moment Skillmatics raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.