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Canvera Raises Rs 4.5 Cr From Info Edge

Canvera Digital Technologies which owns and operates the online photography service Canvera.com has raised Rs 4.5 crore investment from Info Edge (India) through optionally convertible cumulative redeemable preference shares, according to a BSE filing. Bangalore-based Canvera offers products like photo books, photo albums, posters, photo prints and calendars among others. It also allows users to search and contact professional photographers based on city, state and occasion (engagement, anniversary, wedding, babies, conference photography, photo shoots and others). Besides this, it provides various solutions to professional photographers to showcase their photo portfolio. This includes image hosting, personalized website with themes & analytics, e-commerce integration, and social sharing among others. It offers this service through three different plans starting at Rs 3,000 per month (10GB storage), going up to Rs 9,000 per month (25GB storage) and Rs 12,500 per month (50 GB storage). Info Edge Owns 26% In Canvera Info Edge has invested a total Rs 42…

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