Info Edge tops up its investment in Canvera

CoolAvenues Newswire | March 20,2014 06:01 pm IST

Canvera an online photography portal for professional photographers that integrates lead generation, web hosting, print and design services has raised Rs. 15 crores from Info Edge and some individual investors.

Info Edge has invested in Canvera. For details on funding, please check Canvera Profile.


Info Edge which runs many online sites including Naukri.com holds around 32% stake in Canvera on a fully diluted and converted basis according to VCCircle. In February 2014, Info Edge had bought Rs. 1.5 Crores worth of shares providing an exit to angel investors.

 

Canvera a Bangalore based company was started by Dr. Dhiraj Kacker and Peeyush Rai in 2008 as a web enabled company have developed a suite of products and services which provide a one-stop solution for professional photographers allowing them to focus on their creativity.

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