Press Release
Jammbo Co-Founder Manasvi Singh, felicitated at ET Inspiring Leaders Awards 2023
PNN New Delhi [India], November 16: In a world where innovation, leadership and entrepreneurial spirit drive progress, it is imperative to celebrate the excellence of the leaders who pave the way for success in business. It is that time to recognise the visionaries, showcasing their collective impact underscores the transformative power of visionary leadership in..
read moreJammbo, a toy company, aims to take Indian toys to the world
Jammbo, a bootstrapped Indian toy manufacturer founded in 2023, has said in a media statement that it has exceeded Rs 50 crore in annual recurring revenue (ARR). Launched in August 2023 by Manasvi Singh, Anirban Chatterjee, Vipin Nijhawan and Archit Bhargava, Jammbo achieved consolidated sales worth Rs 21 crore in the first six months of operations, led the start-up’s B2B2B (business to business to business) and D2C (direct-to-consumer) strategies.
read moreToy startup Jammbo looks to open 200 stores in next 3 years; Plans international expansion
Vipin Nijhawan, co-founder and CPO, Jammbo commented, "We want to make India the toy capital of the world by 2030, we aim to elevate India's status in the global toy market but also inspire a new generation of creators, dreamers, and innovators. With the decreasing imports from China across the world, India can match the quality and cost and become the leader in the toy market.”
read moreET INSPIRING LEADERS 2023, Celebrates the Business Leaders
ET INSPIRING LEADERS, an initiative of Optimal Media Solutions (A Division of Times Internet Limited), celebrates the achievements of entrepreneurs who are leaving their mark on the professional community. The event identifies leaders from different categories who have excelled in their respective professions.