Funding Alert
VsnapU raises Rs 2 Cr in the seed round of funding
-
ByStartupStory | September 9, 2022
VsnapU, a Photography service platform, has raised over Rs 2 crore in a seed round of funding led by Inflection Point Ventures.
The funds raised will be utilised to enhance technology, innovate and grow the company, win additional contracts, and grow the team.
“Photographers should be available as easily as other professionals like doctors, engineers, or accountants. Booking a photographer should be as simple as booking a cab or ordering groceries. As social media sites such as Facebook, Instagram, Tumbler, and Pinterest gain popularity, the photography market is likely to witness rapid growth in the coming years.” said Parminder, Co-founder, and CEO, of VsnapU.
With hotel brands like Taj and The Leela, travel portals like MakeMyTrip and Thomas Cook, holiday activity planners like TripAdvisor, and platforms like Justdial, the startup currently has B2B agreements with them. They have completed over 30,000 shots and intend to grow their wedding photography business by forming new alliances with reputable wedding planners across the nation.
About VsnapU
Founded by Parminder Sahni and Taranbir Singh, VsnapU provides photography services across multiple geographies at affordable pricing. The company aggregates locally available photographers which allows them to provide instant photography solutions to both B2B and B2C clients.
Also Read
-
-
Clean-label food brand Anveshan has raised Rs 150 crore (nearly $16 million) in a Series B funding round led by Vertex Ventures Southeast Asia & India. The round also saw participation from International Finance Corporation (IFC), Swiggy co-founder Sri Harsha Majety, and existing investors including Wipro Consumer Care Ventures, Titan Capital Winners Fund, Force Ventures, and boAt co-founders Aman Gupta and Sameer Mehta. Entrackr had exclusively reported the development last week. According to Entrackr’s estimates, the funding valued the company at over $90 million. The fresh capital will be used to strengthen manufacturing capabilities, accelerate product development, expand offline distribution, and deepen its digital presence. The company also plans to invest in sourcing infrastructure, procurement systems, quality assurance, and testing capabilities while expanding partnerships with micro entrepreneurs and traditional producers. Founded in 2020 by Kuldeep Parewa, Akhil Kansal, and Aayushi Khandelwal, Anveshan sells minimally processed food products including A2 bilona ghee, cold-pressed oils, raw honey, atta, and other traditional nutrition-focused products. The startup operates through a network of rural producers and micro entrepreneurs across the country. Anveshan claims to be operating at an annual revenue run rate of Rs 280-300 crore and is targeting Rs 1,000 crore in revenue over the next 24-30 months. The company plans to expand its atta portfolio, strengthen its owned digital channels, scale offline distribution, and continue investing in product innovation. For the fiscal year ended March 2025, Anveshan reported a 64.6% increase in operating revenue to Rs 77.08 crore from Rs 46.84 crore in FY24. Its losses widened to Rs 11.88 crore in FY25 from Rs 5.74 crore in the previous fiscal year....
Follow Startup Story
