Candytoy Corporate partners with Reliance Retail to supply confectionery toys to 1,400 Indian stores.

Candytoy Corporate, an Indore-based candy toy manufacturer, has partnered with Reliance Retail to supply confectionery toys to 1,400 stores in India. They aim to launch 200 outlets by Diwali and reach 1,400 by the fiscal year's end. Currently valued at ₹1,000 crore, Candytoy plans to divest 10% equity for expansion and is considering an IPO within 2-3 years. The company also serves retailers in 40 countries and expects revenue to grow significantly.

September 29, 2024
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