Indian online photo Service Company, ZoomIn has acquired San Francisco based firm, Photojojo, for an undisclosed amount. After the acquisition, Photojojo’s team of 20 will be joining with the team at ZoomIn.
The company has recently acquired a fresh round of funding of Rs. 50 crore by existing investor Lightbox Ventures, First Round Capital and Gund Investments. Earlier they managed to raise Rs. 800 crore in venture and debt funding from Silicon Valley Bank (SVB).
Founded in 2005 by Amit Gupta, Photojojo publishes newsletter on photography and it has community of around 2 million mobile photography enthusiasts who have subscribe to its newsletter and also engage on social media platforms such as Instagram, Facebook, Twitter, and Tumblr. Photojojo also sells mobile photography-related products.
ZoomIn, Indian photo Service Company, founded by Sunny Balijepalli Rao in 2007, offers a wide range of photo books, professional quality photo prints and great photo gifts. Recently, ZoomIn has launched specialty camera store selling extensive selection of cameras, accessories and camera phones. The company also claims to have over 1,000 deliveries a day.
Currently Zoomin ships to India, the US, the UK and Canada, also runs offline retail studios in partnership with Crossword bookstores in Delhi-NCR, Mumbai, Pune, Ahmedabad, Bangalore, Kolkata and Chennai. Visitors can purchase print products from these studios.
