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DOMS buys 30% stake in Delhi-based toy maker Clap Joy for undisclosed sum

The move is part of the acquirer's strategy to expand into newer related-product segments and leverage its global distribution reach

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Illustration: Ajay Mohanty

Karthik Jerome New Delhi
DOMS Industries Pvt Ltd has announced the acquisition of a 30 per cent stake in toy maker Clap Joy Innovations Pvt Ltd. The move is part of DIPL's strategy to expand into newer related-product categories and leverage its global distribution reach.

Clap Joy, a Delhi NCR-based eco-friendly toy manufacturing and marketing company, was established in 2021 to cater to children in the 0-9 age group. Its portfolio includes wooden toys, flash cards, board games, activity sets, crochet toys, and educational and creative toys made from natural, non-toxic paint. In less than two years, the Clap Joy team has achieved sales