About Canvera
Canvera is a company based in Bengaluru (India) founded in 2007 was acquired by Printo in August 2018.. Canvera has raised $26.79 million across 9 funding rounds from investors including Info Edge, Mumbai Angels and Printo. Canvera operates in a competitive market with competitors including Meero, VsnapU, POD, EventGraphia and HoneymoonIQ, among others.
- Headquarter Bengaluru, India
- Stage Minicorn
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Sectors
Media & EntertainmentBusiness Services
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Canvera Digital Technologies Private Limited
- Date of Incorporation 05 Feb, 2007
- Jurisdiction Bangalore South, Karnataka, India
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Annual Revenue
$4.9 M (USD)30.24as on Mar 31, 2023
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Net Profit
$-2.07 M (USD)-288.19as on Mar 31, 2023
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EBITDA
$-1.13 M (USD)-263.12as on Mar 31, 2023
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Total Equity Funding
$26.79 M (USD)
in 9 rounds
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Latest Funding Round
$3 M (USD), Series B
Aug 30, 2016
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Investors
Info Edge
& 11 more
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Employee Count
Employee Count
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Acquired by
Printo
(Aug 02, 2018)
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Funding Insights of Canvera
Canvera has successfully raised a total of $26.79M across 9 strategic funding rounds. The most recent funding activity was a Series B round of $3 million completed in August 2016. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 9
- Last Round Series B — $3.0M
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First Round
First Round
(23 Oct 2007)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2016 | Amount | Series B - Canvera | Valuation | Info Edge |
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| Sep, 2015 | Amount | Series B - Canvera | Valuation |
investors |
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| Mar, 2014 | Amount | Series B - Canvera | Valuation | Info Edge |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Canvera
Canvera has secured backing from 12 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Info Edge, Mumbai Angels and Printo. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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US focused VC firm
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Founded Year | Domain | Location | |
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Early-stage tech startups in India and the US are funded.
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Founded Year | Domain | Location | |
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Early-stage venture investments are facilitated by Mumbai Angels network.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Canvera
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Canvera
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Canvera Comparisons
Competitors of Canvera
Canvera operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Meero, VsnapU, POD, EventGraphia and HoneymoonIQ, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
AI-based photo editing tools and marketplace for photographers are offered.
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| domain | founded_year | HQ Location |
Photographers are connected with travelers via an online hiring marketplace.
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| domain | founded_year | HQ Location |
An app for on-demand photoshoot booking is provided.
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| domain | founded_year | HQ Location |
Provides comprehensive event photography services.
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| domain | founded_year | HQ Location |
Offers web-based services for photography and hotel bookings.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Canvera
Frequently Asked Questions about Canvera
When was Canvera founded?
Canvera was founded in 2007.
Where is Canvera located?
Canvera is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is Canvera a funded company?
Canvera is a funded company, having raised a total of $26.79M across 9 funding rounds to date. The company's 1st funding round was a Series B of $4.1M, raised on Oct 23, 2007.
What is the annual revenue of Canvera?
Annual revenue of Canvera is $4.9M as on Mar 31, 2023.
What does Canvera do?
Founded in 2007 and headquartered in Bengaluru, India, operations in the online photography sector are conducted by the company. Mass customized printed products, including prints, calendars, and photobooks, are offered to professional photographers alongside e-commerce solutions. Desktop software known as Canvera Pro Designer is supplied for designing and ordering, while a mobile app is made available for iOS and Android devices.
Who are Canvera's investors?
Canvera has 12 investors. Key investors include Info Edge, Mumbai Angels, Printo, DFJ, and Footprint Ventures.
What is Canvera's valuation?
The valuation of Canvera is $22.27M as of Sep 2015.