WinMagic

Mumbai, India Founded: 2017 • Age: 9 yrs
Online retailer offering toys for kids
Annual revenue $1.7M Latest available
Total funding $3.4M 4 rounds
Employees 41 Tracked headcount
Investors 86 Known backers
Products 5 Services tracked
Competitors 8 Brand Intelligence

About WinMagic

WinMagic is a company based in Mumbai (India) founded in 2017 by Mukesh Jagwani. WinMagic has raised $3.41 million across 4 funding rounds from investors including We Founder Circle, Aig Direct and Evermore Stock Broker. The company has 41 employees as of December 07, 2024. WinMagic offers products and services including PlayMagic SwimRing, Li'l Diva Pixie Fairy Doll, PlayMagic Building Blocks, PAW Patrol Vehicle, and Make It Real Jewelry Kit. WinMagic operates in a competitive market with competitors including Snooplay, Cubelelo, Jammbo, Bunty Toys and Khelna, among others.

  • Headquarter Mumbai, India
  • Employees 41 as on 07 Dec, 2024
  • Founders Mukesh Jagwani
  • Sectors
    Consumer
  • Email
    Locked
  • Phone
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  • Website
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  • Social
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  • Legal Name Winmagic Toys Limited
  • Date of Incorporation 26 Sep, 2017
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Consumer → Baby, Parenting & Pet Care Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $1.72 M (USD)
    -39.44
    as on Mar 31, 2022
  • Net Profit
    -$521.97 K (USD)
    8.02
    as on Mar 31, 2022
  • EBITDA
    $2.58 K (USD)
    -99.34
    as on Mar 31, 2022
  • Total Equity Funding
    $3.41 M (USD)

    in 4 rounds

  • Latest Funding Round
    $2.06 M (USD), Seed

    Sep 10, 2025

  • Investors
  • Employee Count
    41

    as on Dec 07, 2024

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Products & Services of WinMagic

WinMagic offers a comprehensive portfolio of products and services, including PlayMagic SwimRing, Li'l Diva Pixie Fairy Doll, PlayMagic Building Blocks, PAW Patrol Vehicle, and Make It Real Jewelry Kit.

Product name locked
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Primary

Water toy for children's swimming and play activities.

Product name locked
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Doll for imaginative play and fashion accessories.

Product name locked
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Blocks for creative construction and skill development.

Product name locked
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Toy vehicle based on popular characters for action play.

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DIY kit for making beads and accessories creatively.

Funding Insights of WinMagic

WinMagic has successfully raised a total of $3.41M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $2.06 million completed in September 2025. 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 WinMagic

WinMagic has secured backing from 86 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include We Founder Circle, Aig Direct and Evermore Stock Broker.

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Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Private equity fund focused in multiple sectors
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Investment in early-stage startups and global community support.
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Offers tailored wealth management and investment advisory services for professionals.
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Investor details for WinMagic

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Investments & Acquisitions by WinMagic

Investments
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Investment portfolio details for WinMagic

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  • Transaction dates
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Financial Statements - WinMagic

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Detailed financials for WinMagic

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  • Profit trends
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Winmagic Comparisons

WinMagic Primary company
Description
Online retailer offering toys for kids
Location
Mumbai, India
Founded Year
2017
Annual Revenue
$1.72 M (USD)
Net Profit
-$521.97 K (USD)
EBITDA
$2.58 K (USD)
Employees
41
As of 2024
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Peer comparison for WinMagic

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Competitors of WinMagic

WinMagic operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Snooplay, Cubelelo, Jammbo, Bunty Toys and Khelna, among others.

Company Name Domain Founded year HQ Location Description
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Online retailing of toys and games is conducted internationally.
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Rubik's cubes and similar puzzles are retailed online by Cubelelo.
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Online platform offering a wide range of toys for kids
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Operates an online platform specializing in toys for children.
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Online platform offering traditional Indian educational toys for children and learning.
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Detailed competitors of WinMagic

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Latest news on Winmagic

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Complete news archive for WinMagic

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  • Source and publication date
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  • Brand-specific news history

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Frequently Asked Questions about WinMagic

WinMagic was founded in 2017 and raised its 1st funding round 5 years after it was founded.

WinMagic is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Mukesh Jagwani is the current CEO of WinMagic. They have also founded this company.

WinMagic is a funded company, having raised a total of $3.41M across 4 funding rounds to date.

As of Dec 07, 2024, the latest employee count at WinMagic is 41.

Annual revenue of WinMagic is $1.72M as on Mar 31, 2022.

Online retailer offering toys for kids. It provides magic toys and playsets, plush toys, games puzzles, indoor outdoor activity, electronic toys, and more.

WinMagic's top competitors include Snooplay, Jammbo and Cubelelo.

WinMagic offers PlayMagic SwimRing, Li'l Diva Pixie Fairy Doll, PlayMagic Building Blocks, PAW Patrol Vehicle, and Make It Real Jewelry Kit.

WinMagic has 86 investors. Key investors include We Founder Circle, Aig Direct, Evermore Stock Broker, Kambhampati Venkat Subrahmanya Pawan, and Jaya Rajdev.

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