Funskool (India) Ltd. is an Indian toy manufacturing company, founded in 1987 with headquarters in Chennai, Tamil Nadu. Apart from its own brands and its American counterpart Playskool, the company also manufactures and distributes products in the Indian market under license from foreign toy brands including Hasbro, Disney, Warner Bros., Takara Tomy, and Ravensburger.[1]
Initially a joint-venture between Hasbro and MRF, the former backed out of the venture in 2014, becoming a wholly owned subsidiary of MRF in the process.
History
Funskool was established in 1987 as a joint venture by MRF Ltd. and American toy manufacturer Hasbro, Inc