About The EleFant
The EleFant is a company based in Mumbai (India) founded in 2023 by Sourabh Jain. The EleFant has raised $1.93 million across 3 funding rounds from investors including Venture Catalysts, Kurlon and Z Nation Lab. The EleFant offers products and services including Toy Subscription and Toy Library.
- Headquarter Mumbai, India
- Founders Sourabh Jain
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Sectors
Consumer
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Madshades Technologies Private Limited
- Date of Incorporation 19 Aug, 2022
- Jurisdiction Malad West, Maharashtra, India
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Annual Revenue
Not available
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Net Profit
-$390.77 (USD)0as on Mar 31, 2023
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EBITDA
-$390.77 (USD)0as on Mar 31, 2023
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Total Equity Funding
$1.93 M (USD)
in 3 rounds
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Latest Funding Round
$1 M (USD), Seed
May 13, 2026
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Investors
Venture Catalysts
& 22 more
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Employee Count
Not available
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Products & Services of The EleFant
The EleFant offers a comprehensive portfolio of products and services, including Toy Subscription and Toy Library.
Toys are curated and delivered periodically to subscribers for ongoing use
Toys are lent from accessible locations to promote sharing and reuse
Funding Insights of The EleFant
The EleFant has successfully raised a total of $1.93M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $1 million completed in May 2026. 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.
Investors in The EleFant
The EleFant has secured backing from 23 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Venture Catalysts, Kurlon and Z Nation Lab.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage startup ecosystem is supported by Venture Catalysts in India.
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Angel investment firm funding frugal innovation in India.
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Investment in tech startups focusing on innovation and emerging trends in India.
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Locked | Locked | Locked |
Investor details for The EleFant
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Investments & Acquisitions by The EleFant
Investment portfolio details for The EleFant
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Financial Statements - The EleFant
Detailed financials for The EleFant
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The Elefant Comparisons
Peer comparison for The EleFant
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Competitors of The EleFant
Detailed competitors of The EleFant
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Latest news on The Elefant
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Frequently Asked Questions about The EleFant
The EleFant was founded in 2023 and raised its 1st funding round 1 year after it was founded.
The EleFant is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Sourabh Jain is the current CEO of The EleFant. They have also founded this company.
The EleFant is a funded company, having raised a total of $1.93M across 3 funding rounds to date.
The EleFant was founded in 2023 in Mumbai, India, and operates within the toy rental sector. Educational, fun, and unique toys for children are offered through an online platform, allowing selections and rentals. Services focus on providing access to a variety of play items without ownership, targeting families in the region. The company is led by Founder and CEO Sourabh Jain.
The EleFant offers Toy Subscription and Toy Library.
The EleFant has 23 investors. Key investors include Venture Catalysts, Kurlon, Z Nation Lab, Malpani Ventures, and IVY Growth Associates.