1. Funding of working capital requirements of the Company;
2. Investment in Striders FZ LLC, wholly owned subsidiary, to fund its working capital requirements;
3. Incorporation and Investment in a newly proposed wholly owned subsidiary in mainland UAE and funding its working capital requirements;
4. Repayment of Loans;
5. General corporate purposes;
6. To meet Public Issue Expenses.
...
se. The Company offers end-to-end solutions from product design and development to sourcing, manufacturing and distribution, catering to leading retail formats across India and select international markets.In addition to developing and distributing license merchandise, the Company has created and developed a portfolio of proprietary intellectual properties (IPs), including Pugs at Play, Furry Pals, Gurliez, Fanster, Beezy Kits, Minds at Play, SHDZ, Boujees, and Striders. These IPs are strategically designed based on market research and consumer insights, enabling the Company to build brand equity, improve margins, and diversify its product mix. Through an asset-light, scalable model and an expanding global footprint, Striders Impex aims to position itself as a key player in the toy and kids' consumer merchandise.The Company caters to a wide demographic, offering products suitable for children from 18 months up to 15 years of age. Through strong licensing arrangements, Striders Impex has access to multiple well-known international brands. These licensing partnerships enable the Company to design, manufacture through third parties and distribute products that feature popular characters and themes, thereby increasing market acceptance and consumer recall.In addition to its operations in India, the Company has a business presence in the Middle East via Striders FZ LLC its whollyowned subsidiary company, through a network of distributors that supports its international distribution network and strengthens global distribution and client relationships. The company’s global footprint enables it to closely track emerging trends through its distributor networks, positioning it to rapidly scale and capitalize on opportunities in global markets The Company’s business operations are designed to offer integrated solutions from concept and product design to sourcing, and delivery, ensuring a reliable and efficient supply chain for its partners. This end-to-end capability has made Striders Impex a preferred supplier for licensed and their owned brand merchandise. Read MoreMUFG Intime India Pvt Ltd.
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