Famyo Raises Rs 4 Cr Seed Capital for Major Expansion

Famyo has raised Rs 4 crore in Seed funding led by IAN Group Angel Fund, with participation from The Chennai Angels and other angel investors.

Founded by Karishma Seetharaman and Ritvik Raj in Bengaluru, Famyo is building a kids’ lifestyle brand that transforms everyday essentials into cool, collectible products anchored in original characters and themes.

The fresh capital will be used to develop proprietary IP, expand character design, build influencer and performance-led marketing engines, and strengthen talent across product, growth, and supply chains.

• Achieved an ARR of over Rs 12 crore and is growing 40% quarter-on-quarter.
• Offerings like glow-in-the-dark blankets, poncho towels, and character-themed accessories blend playful design with safety and premium quality.