Online Photography Startup Canvera Digital Raises Rs 15 Cr From Info Edge

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 and Shiksha.
 
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.
 
Info Edge has earlier funded several startups such as Zomato, Policybazaar and MyDala.
Share this:
Tags:

About Jessica Priston

Ut tellus dolor, dapibus eget, elementum vel, cursus eleifend, elit. Aenean auctor wisi et urna. Aliquam erat volutpat. Duis ac turpis. Integer rutrum ante eu lacus. Vestibulum libero nisl, porta vel, scelerisque eget, malesuada at, neque. Vivamus eget nibh. Etiam cursus leo vel metus. Nulla facilisi. Aenean nec eros.

  • Website
  • Google+
  • Rss
  • Pinterest
  • Instagram
  • LinkedIn
  • Vimeo
  • Youtube
  • Flickr
  • Email

Related News

  • Cashback site Cashkaro now offers restaurant discounts

    India’s e-commerce market looks large and lucrative enough from the outside, but insiders know it is very challenging. In fact, the number of e-commerce sites and businesses is growing so fast here today that the competition is cut-throat. This

  • What is Viscose Material? Advantage and disadvantage of viscose.

    Viscose is a unique form of wood cellulose acetate used in the nnmanufacture of a number of different products. This includes items for nnthe medical industry, though it is perhaps most common as a major nningredient in the production of the fabric r

  • Honda launches new CBR 250R bike
    Honda launches new CBR 250R bike
    July 01, 2014 5:50 am

    New Delhi: Honda Motorcycle & Scooter India (HMSI) launched a new edition of its global sports performance bike CBR 250R priced between Rs 1.56 lakh and Rs 1.86 lakh (ex-showroom Delhi). The 2013 edition CBR 250R is available for sale across a

  • Zara has opened store at Ambience mall, Gurgaon

    Zara, has opened its new store at Ambience mall, Gurgaon. Spread over 28,000 sq.ft. across two floors the store has taken the space earlier occupied by Debenhams. With this Zara now has twelve stores in India. It is present in 86 countries with