About DICE Toy Labs
DICE Toy Labs is a company based in Bengaluru (India) founded in 2018 by Phalgun Polepalli. Game designers selling board games online. DICE Toy Labs has raised $29.31 thousand across 2 funding rounds from investors including Axilor Ventures, Kusuma Ranjitha and Kusuma Ranjitha. DICE Toy Labs was last valued at $142.58 thousand in December 2018. Its Indian entity Dice Toy Labs Private Limited reported revenue of ₹47.8 Lakh. DICE Toy Labs offers products and services including Tabletop Games and Gaming Events and Retail.
Company details
Dice Toy Labs are game designers and online sellers of Indian warfare-based board games. Their main product is named - Yudhbhoomi - for 2-4 players of age over 8 years old. The game has a starter kit and a complete set, that is supposed to teach people how wars were won and lost in the Indian history. Additionally, they separately also sell, set of male warriors, and set of female warriors, t-shirt named after the game, coloring books stickers of Indian warriors forts, and more. Their game showcases gender equality as the game is gender-neutral.
- Headquarters Bengaluru, India
- Founders Phalgun Polepalli
- Email••••••••
- Website dicetoylabs.com
- Social LinkedIn Facebook Instagram
- Legal Name Dice Toy Labs Private Limited
- Date of Incorporation 15 May, 2018
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹47.8 Lakh
FY 2025 · +7% YoY
- Net Loss-₹27.9 Lakh
FY 2025 · -58% margin
- EBITDA-₹27.9 Lakh
FY 2025 · -58% margin
- Total Equity Funding$29.31K (USD)
in 2 rounds
- Latest Funding Round$15.02K (USD), Seed
Jun 2019
- InvestorsAxilor Ventures
& 2 more
Associated legal entities of DICE Toy Labs
DICE Toy Labs operates through Dice Toy Labs Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Dice Toy Labs Private Limited CIN U36999KA2018PTC113127 | Active | 15 May 2018 | Bangalore, Karnataka | ₹0.5 Cr | 2 | View details |
Products & Services of DICE Toy Labs
DICE Toy Labs offers a comprehensive portfolio of products and services, including Tabletop Games and Gaming Events and Retail.
Tabletop games are designed and published to highlight cultural themes, with a focus on engaging gameplay that draws from diverse narratives.
Gaming events and retail services are provided through conventions and stores that feature a wide array of games and community activities.
Funding Insights of DICE Toy Labs
DICE Toy Labs has successfully raised a total of $29.31K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $15.02 thousand completed in June 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $29,307
- Total Rounds 2
- Last Round Seed — $15,017
- First Round $14,290
(Dec 2018)
- Investors Count 3
All 2 funding rounds of DICE Toy Labs with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2019 | $15,017 | Seed | – | Axilor Ventures | – |
| Dec 2018 | $14,290 | Angel Round | $142,584 | Kusuma Ranjitha, Kusuma Ranjitha | – |
Last known valuation $142,584 (Dec 2018). 3 investors in total: 1 institutional and 2 angel.
Investors in DICE Toy Labs
DICE Toy Labs has secured backing from 3 investors, including venture fund and angel investors. Prominent investors backing the company include Axilor Ventures, Kusuma Ranjitha and Kusuma Ranjitha.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm investing in early-stage startups in technology sectors. | 2014 | axilor.com | Bengaluru, India | |
KR Kusuma Ranjitha | unknown_147460e3690c4798a | |||
KR Kusuma Ranjitha | unknown_8ecdc2a4fe3e4fcd9 |
Investor details for DICE Toy Labs
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Dice Toy Labs Private Limited (DICE Toy Labs)
Dice Toy Labs Private Limited is the primary company behind DICE Toy Labs. The board of Dice Toy Labs Private Limited currently have 2 directors; the longest-serving is Polepalli Phalgun, appointed in 2018. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Polepalli Phalgun DIN 08133884 | Director | 15 May 2018 | 8 yrs 6 mo | Dice Toy Labs Private Limited |
| Shwetha Badarinath DIN 08415632 | Director | 24 Feb 2020 | 6 yrs 8 mo | Dice Toy Labs Private Limited |
People of DICE Toy Labs
1 people are tracked at DICE Toy Labs (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Founder | Leadership |
Complete people profiles for DICE Toy Labs
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of DICE Toy Labs
Figures of Dice Toy Labs Private Limited, the primary company behind DICE Toy Labs, for FY 2025. Revenue was ₹47.8 Lakh (+7% year on year). Net loss was -₹27.9 Lakh (-58% margin). EBITDA was -₹27.9 Lakh (-58% margin). Revenue has grown at a compounded annual rate of +24% over three years and +60% over five years.
- ₹47.8 LakhRevenue · FY 2025 · +7% YoY
- -₹27.9 LakhNet loss · -58% margin
- -₹27.9 LakhEBITDA · -58% margin
- ₹1.4 LakhPaid-up capital
- +24%Revenue CAGR, 3 years
- +60%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Dice Toy Labs Private Limited are on its company page.
Detailed financial statements for DICE Toy Labs
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of DICE Toy Labs
3 dated milestones of DICE Toy Labs across 1 years, from founding to its latest funding, stage changes and deals.
- Founded DICE Toy Labs is founded.
- Funding First funding round of $14K.
- Funding Latest funding round, Seed, of $15K.
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about DICE Toy Labs
DICE Toy Labs was founded in 2018.
DICE Toy Labs is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
DICE Toy Labs is a funded company, having raised a total of $29.31K across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $14.29K, raised on Dec 2018.
The primary company behind DICE Toy Labs, Dice Toy Labs Private Limited, reported revenue of ₹47.8 Lakh for FY 2025, up 7% year on year.
Dice Toy Labs are game designers and online sellers of Indian warfare-based board games. Their main product is named - Yudhbhoomi - for 2-4 players of age over 8 years old. The game has a starter kit and a complete set, that is supposed to teach people how wars were won and lost in the Indian history. Additionally, they separately also sell, set of male warriors, and set of female warriors, t-shirt named after the game, coloring books stickers of Indian warriors forts, and more. Their game showcases gender equality as the game is gender-neutral.
DICE Toy Labs offers Tabletop Games and Gaming Events and Retail.
DICE Toy Labs has 3 investors. Key investors include Axilor Ventures, Kusuma Ranjitha, and Kusuma Ranjitha.
The valuation of DICE Toy Labs is $142.58K as of Dec 2018.
DICE Toy Labs operates through Dice Toy Labs Private Limited.
The legal entities of DICE Toy Labs currently have 2 directors, including Shwetha Badarinath, Polepalli Phalgun.