Rocket Internet-backed online printing solutions provider Printvenue has secured $4.5 million funding from the Asia Pacific Internet Group. With this the company joins the Asia Pacific Internet Group's network due to its presence in Australia and Singapore. Printvenue has been expanding its international operations, and in September last year it had launched its operations in Australia. Earlier in 2013, it had started its operations in Singapore and the company mentioned that 15% of its total revenues comes from the Singapore market. Printvenue offers printing solutions including business cards, card holders, custom mobile cases, t-shirts, mugs, posters, flyers, photo frames, photo magnets, calenders and mouse pads among others. Over the past few months, Printvenue has added categories like tote bag, wallets, notebooks, pen drives, cushions, and kitchen accessories. Other players Other players in the segment include Printo Document Services that has investors like Sequoia Capital, SeedFund and Blume Ventures. Printland raised Rs 5 crore from Small Industries Development Bank of India (SIDBI) in partnership with existing investors Evista Venture Capital and Sanjeev Kakar in 2013. Printbindaas received angel funding from Manoj Kumar Swain and Rajesh Garg in August 2012. Vistaprint had also launched Vistaprint India shortly after acquiring PrintBell while Alma Mater, an online brand for customized merchandise and alumni printing, had received funding from Indian Angel Network in November 2012. Online photo printing service provider ZoomIn had also acquired San Francisco-based Photojojo last month. This acquisition was financed by a fresh Rs 50 crore investment led by existing investor Lightbox Ventures with participation from First Round Capital and Gund Investments. ZoomIn had mentioned that it plans to expand to developed markets like the US and…
Please subscribe to MediaNama. Don't share prints and PDFs.
You May Also Like
News
Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...
Advert
135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...
News
By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...
News
Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...