Funskool (India) Ltd. is an Indian toy manufacturing company, founded in 1987 with headquarters in Chennai, Tamil Nadu.

Funskool was established in 1987 as a joint venture by MRF Ltd. and American toy manufacturer Hasbro, Inc.[2] The company began commercial operations the following year.

[6] That same year, Hasbro sold its stake in Funskool to MRF as the company opened a regional division in India.

[9] In July 2022, Funskool acquired the licence to manufacture action figures based on characters from Green Gold Animations' Chhota Bheem series.

[10] Funskool products are currently exported to Africa, Bangladesh, Bhutan, Europe, Southeast Asia, the Gulf Cooperation Council countries, Maldives, Nepal, Sri Lanka, and the United States.