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The Elefant


Welcome to EleFant, India's first toy rental mobile app, where our journey began with a transformative goal—to revolutionize how India engages with toys and play. Through the innovative concept of toy rental, EleFant not only introduces joy into playtime but also pioneers the establishment of the largest fleet of women entrepreneurs in the country. With a focus on Discover, Play, and Return, EleFant's Toy Libraries offer a digital and convenient solution for families to keep playtime fresh and free from toy clutter, ensuring boredom never hinders fun and learning. Explore the world of EleFant, where play knows no bounds!


Deal Closed

  • Transforming Play
  • Driving Sustainability
Highlights Highlights

The Elefant Highlights

EleFant records INR 2 crores in 5- month sales and achieves INR 7 lakhs user revenue within 3 months.

Exceeding expectations, EleFant achieves 4,000+ downloads within a remarkable three-month span.

EleFant boasts 1,900+ registered users on the app, with 300+ subscribers achieved to date.

Deal Details Deal Details

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Documents

Additional Documentation to get better understanding about the Startup. This documentation can help you assess the authenticity of the startup, and provide you more information to validation your investment thesis. These documents can contain a range of information from incorporation, financials, legality, due diligence to more.


Deal Terms

Type of instrument

CCPS

End Date

30 Apr 2024

Min Investment

₹ 3,00,000

Target

₹ 2,00,00,000


About The Elefant

Legal Name

MADSHADES TECHNOLOGIES PRIVATE LIMITED

Founded

19 Aug 2022

Form

Private Limited Company

Employees

18

Headquarters

Mumbai

Meet the Team

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Saurabh Jain

Founder

With 16 years of diverse global experience and qualifications as a Chartered Accountant and Certified Internal Auditor, he brings a proven track record in delivering value-added solutions