Hyperbranched polymers (HBPs) have been studied for over three decades now; yet several interesting aspects continue to draw the attention of researchers worldwide. This is because of the simplicity of synthesis, their unique globular structure, and the numerous peripherally located functional groups that can be utilised to impart a variety of attributes, such as core-shell amphiphilicity, Janus amphiphilicity, clickable polymeric scaffolds, multifunctional crosslinkers, etc. Several reviews have been written on HBPs with a focus on synthetic strategies, structural diversity, and their potential applications; in this short feature article, we have taken an alternate approach to highlight some of the unique structural features of HBPs and their influence on the properties of HBPs. We also discuss their versatility and adaptability for the generation of several interesting functional polymeric systems. In the latter half, we focus on the utilisation of HBPs as multifunctional scaffolds, that rely on the numerous peripheral terminal groups. We conclude by drawing a structuro-functional analogy between the range of peripherally functionalised HBPs and other analogous, but more complex, polymeric systems. We believe that this review will serve as a visual sounding board that would encourage the development of several other applications for this class of unique polymers.