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Gifting e-tailer Printvenue raises $4.5 mn from Asia Pacific Internet Group

Online portal for printing
and personalized products Printvenue has secured $ 4.5 million funding from the
Asia Pacific Internet Group (APACIG), a joint venture of Rocket Internet and
Ooredoo.  Through this funding, the company will join APACIG’s network.

Online portal for printing
and personalized products Printvenue has secured $ 4.5 million funding from the
Asia Pacific Internet Group (APACIG), a joint venture of Rocket Internet and
Ooredoo.  Through this funding, the company will join APACIG’s network.
Currently, APACIG operates in 15 countries, of which
Printvenue is active in two, Singapore and
Australia.

Saurabh Kochhar, MD and Co-Founder
at Printvenue.com said, “The new round of capital investment
will be used to expand our business within the Asia Pacific region and
increase our market leadership in other markets by continuing our
growth. In the long-run, it is our vision to become the world’s one-stop
shop for all the printing needs.”

Printvenue, which has been awarded with the ‘Gifting e-Retailer of the
Year’ award earlier this year has delivered more than 700,000 items
and has shown significant double digit month-on-month growth. With an
exceptional range of personalized merchandise and printing services such as
mugs, t-shirts, business cards, mobile skins and so on, Printvenue has become
India’s leading online portal for personalized print products.

Established in 2012, Printvenue is an online portal that enables
ordering customized office stationery, business cards, letterheads, cardholder
and other personalized accessories such as photo-mugs, photo-notebooks, pen
drives and i-Phone cases. It offers a choice of ready-to-customize templates
which can simply be ordered online. The service is currently available in
India, Singapore and Australia. Customers can choose from over 50,000 designs and multiple payment
methods.  

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