{"id":8079,"date":"2016-08-31T16:52:49","date_gmt":"2016-08-31T11:22:49","guid":{"rendered":"http:\/\/www.ishwark6.sg-host.com\/?p=8079"},"modified":"2016-09-01T12:07:06","modified_gmt":"2016-09-01T06:37:06","slug":"online-photography-startup-canvera-raises-3-mn","status":"publish","type":"post","link":"https:\/\/startup-buzz.com\/?p=8079","title":{"rendered":"Online Photography Startup Canvera Raises $3 Mn"},"content":{"rendered":"<h2 style=\"text-align: center;\"><strong>Canvera, Revolutionizing Photography !<\/strong><\/h2>\n<h3><strong>Raising Funds<\/strong><\/h3>\n<p>Founded in 2007 by Peeyush Rai and Dhiraj Kacker, Bengaluru-based online digital photography startup <a href=\"http:\/\/www.canvera.com\/\">Canvera<\/a> Digital Technologies Pvt. Ltd. raises $3 million (INR 20 crore) in a recently conducted funding round, which was led by existing investor Info Edge (India), after it became one of the first startups to report a \u2018down round\u2019. This denotes a fresh funding by a startup at a lower evaluation than its previous VC round. The other investors remain undisclosed.<\/p>\n<p>Info Edge runs a slew of consumer Internet properties such as Naukri, 99acres, Jeevansathi, and Shiksha. It has invested $2.6 Million (INR 17.3 crore) in Canvera. With this, Info Edge\u2019s stake in Canvera has now risen to 57% from 49%. Currently, Canvera\u2019s valuation is $32, Million, after the inclusion of the recently raised funds. However, it is still below its peak valuation.<\/p>\n<h3><strong>About Canvera<\/strong><\/h3>\n<p>The startup offer prints, calendars, and photo books while letting customers find professional photographers for events and occasions. It is a web-enabled photo-book company that practices software-as-a-service model. Headquartered in Bengaluru, the company has regional offices in Chandigarh, Delhi, Kolkata, Chennai, Hyderabad, Ahmedabad, and Mumbai.<\/p>\n<p>Is online photography a viable market in India? Please share your thoughts in the comments section below.<\/p>\n<p>Subscribe with us to get your dose of interesting news, research &amp; opinions in the startup segment. Fill the form below:<em><br \/>\n<\/em>[email-subscribers namefield=&#8221;YES&#8221; desc=&#8221;&#8221; group=&#8221;Public&#8221;]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Canvera, Revolutionizing Photography ! Raising Funds Founded in 2007 by Peeyush Rai and Dhiraj Kacker, Bengaluru-based online digital photography startup Canvera Digital Technologies Pvt. Ltd. raises $3 million (INR 20 crore) in a recently conducted funding round, which was led by existing investor Info Edge (India), after it became one<\/p>\n","protected":false},"author":22,"featured_media":8081,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[27,21],"tags":[798,50,31,106,1472,320,1605,2955,70,875],"class_list":["post-8079","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-start-up","tag-bengaluru","tag-canvera","tag-funding","tag-india","tag-info-edge","tag-investment","tag-male-entrepreneur","tag-online-photography","tag-startup","tag-startup-buzz"],"aioseo_notices":[],"jetpack_featured_media_url":"https:\/\/startup-buzz.com\/wp-content\/uploads\/2016\/08\/mb-0BHGH1.jpg","_links":{"self":[{"href":"https:\/\/startup-buzz.com\/index.php?rest_route=\/wp\/v2\/posts\/8079","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/startup-buzz.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/startup-buzz.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/startup-buzz.com\/index.php?rest_route=\/wp\/v2\/users\/22"}],"replies":[{"embeddable":true,"href":"https:\/\/startup-buzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8079"}],"version-history":[{"count":3,"href":"https:\/\/startup-buzz.com\/index.php?rest_route=\/wp\/v2\/posts\/8079\/revisions"}],"predecessor-version":[{"id":8102,"href":"https:\/\/startup-buzz.com\/index.php?rest_route=\/wp\/v2\/posts\/8079\/revisions\/8102"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/startup-buzz.com\/index.php?rest_route=\/wp\/v2\/media\/8081"}],"wp:attachment":[{"href":"https:\/\/startup-buzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8079"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/startup-buzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8079"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/startup-buzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8079"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}