Technology startup PlayShifu, which makes educational toys for kids, has raised $7 million in a Series A funding round led by Chiratae (formerly IDG Ventures India), Inventus Capital and Bharat Innovation Fund (BIF), it said in a statement.
The round also saw participation from existing investor IDFC-Parampara Fund. With the latest financing, the startup’s total funding now stands at $8.5 million.
