By sinha on 18, November, 2008 | Channel: Indian Startups

Infibeam acquires Picsquare

Infibeam (review) has acquired picsquare, Bangalore based photo printing startup.

Picsquare earlier secured funding from Bhola Digital Labs and had raised $75K in seed round earlier.

InfiBeam, a year old startup has been e-tailing products – started with auto, then diversified into mobile/electronics/lifestyle etc; and Picsquare acquisition will enable them to get into gifts and photo printing business.

Manish (founder, Picsquare) mentioned that Picsquare will retain it’s current form (brand identity as well as product mix) and the deal will enable both the companies to get access to each other’s customers as well as resources.

Digital printing business has witnessed quite a few acquisitions as well as investments:

 

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    • comment(s) on Infibeam acquires Picsquare

    7 Responses to Infibeam acquires Picsquare

    1. VC says:
      November 18, 2008 at 10:30 AM

      Looks more like a distress sale.

      Reply
    2. Ravi Bhushan says:
      November 18, 2008 at 11:05 AM

      Any idea for how much?

      Reply
    3. Prateek says:
      November 18, 2008 at 11:08 AM

      Congratulations to Manish and Kartik. They have been running Picsquare with so much passion and their service shows that.

      Reply
    4. guest says:
      November 18, 2008 at 11:43 AM

      any idea of amount of deal ?

      Reply

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