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Printvenue raises $4.5 million from Asia Pacific Internet Group

Tags: Rocket Internet, PrintVenue.com, Incubator, Technology, Asia Pacific Internet Group

January 30, 2015 | COMMENTS ( 0 )

Printvenue raises $4.5 million from Asia Pacific Internet Group

Printvenue, the online portal for printing and personalized products, has secured $4.5 million funding from the Asia Pacific Internet Group (APACIG).  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.”

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. The service is currently available in India, Singapore and Australia.

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.

Asia Pacific Internet Group, a joint venture of Rocket Internet and Ooredoo consists of 12 e-commerce and online marketplace companies, operating across 15 countries. Since it was founded in 2014, APACIG has become the leading online platform in Asia, building top internet companies in the region.

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