India-based e-classifieds company helps photography firm Canvera Digital Technologies get to $13m raised in total.
India-based e-classifieds company Info Edge has invested $6.5m in Bangalore-based photography firm Canvera Digital Technologies.
The series B round saw Info Edge, as the sole investor, double Canvera’s total capital raised to approximately $13m.
After the latest round some individual angels opted to cash out, but Canvera’s early investors, venture capital firms Footprint Ventures, DFJ, and Mumbai Angels have remained onboard.
Canvera has branches in 7 major Indian cities as well as a strong online presence. The company manufactures bespoke…