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Online Photography Service Canvera Raises Rs 35 Cr From Info Edge

Canvera Digital Technologies, which owns and operates the site www.canvera.com, an online photography destination offering mass customized printed products and e-commerce solutions to professional photographers, has raised Rs 35 crore from Info Edge (the company that owns and operates Naukri, Jeevansathi, 99acres and other online ventures). Info Edge informed the Bombay Stock Exchange about the investment in a recent filing.

THe Bangalore-based digital photo startup had earlier raised an undisclosed amount of funding in a Series-A round led by Footprint Ventures, Draper Fisher Jurvetson, Mumbai Angels and two angel investors from the UK, in 2008. The company is founded by two IIT Mumbai graduates – Dhiraj Kacker (CEO) and Peeyush Rai.

The company offers various pricing plans to photographers, that including different services including a personalised website, social media presence, e-commerce solutions, image storage, and other features.

Other companies in the online photo and personalised products space include Printo (funding from Sequoia Capital and Seed Fund), iTasveer (has a deal with Windows Vista), KPCB and Sherpalo funded ZoomIn, eYantra ($3.1 million from VentureEast and Argonaut) and others like eYaadein and PhotoMasti.



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