Bangalore-based online photography startup Canvera Digital Technologies Pvt Ltd has raised Rs 15 crores ($2.2 million) from Info Edge (India) Ltd, which runs consumer internet properties such as Naukri, 99acres, Jeevansathi
With this investment, Info Edge has invested an overall Rs 90.1 crore in Canvera across multiple rounds and owns 49% stake in the company on a fully converted & diluted basis. We’ve written to Canvera for more details and will update once we hear back.
Founded by Dhiraj Kacker and Peeyush Rai in 2008, Canvera entered the eCommerce sector in 2011. It allows users to search and hire professional photographers based on location and occasion like wedding, babies, fashion, corporate events, travel and nature. It prints photo books, provides design services and also offers hosted software solutions for photographers through a software-as-a-service model. Consumers can also browse and hire photographers on daily and hourly basis. The company is headquartered in Bangalore with regional offices in Chennai, Hyderabad, Ahmedabad, Delhi & Chandigarh.
For photographers, it offers various solutions to showcase their portfolio, generate relevant business leads and also setup online photo stores with e-commerce integration. The website has different subscription plans for them starting from Rs 3,000 a month to Rs 12,500 a month.
Related Tags:Canvera Digital Technologies
Info Edge has earlier funded several startups such as Zomato
, Policybazaar and MyDala.
, Info Edge
, Dhiraj Kacker
, Peeyush Rai