In this engaging discussion, Abbas Ali Zaveri, founder of Hype Fly India, shares insights on the explosive rise of Labubu collectibles in India. From niche toys to coveted items driven by celebrity endorsements, Labubu's market has exploded—from ₹4,000 to over ₹1 crore. Zaveri dives into the reselling craze and the challenges of authenticity in a landscape battling counterfeits. The conversation also highlights how this trend is transforming the demographics of collectors, particularly the rising participation of women, fueled by community and exclusivity.
