Mumbai based e-commerce startup – Print Bindaas has raised seed funding of Rs2.5 Mn from Manoj Kumar Swain, CEO of Morgan Stanley India Primary Dealer Private Ltd.
The funds will be used to up their marketing efforts and improve the quality of product, delivery mechanism and operations.
Founded in April 2010 by Suraj Goyal, Print Bindaas is an e-commerce startup that uses Web-to-Print technology. The portal allows users to design their own stationary and marketing collateral such as visiting cards, envelopes, flyers and brochures by making use of the hosted online templates.
Customers can also upload their own logos, pictures on the templates and even upload complete designs. The printed products get delivered to the users within 4 to 7 days after placing the order.
In August, it opened office in Delhi and it was planning to open office in Bangalore next year.
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KVEZAR VIEW
| Date | Type | Buyer | Target | Size ($mn) | State |
| 24/05/13 |
M&A |
Mentor Graphics Corporation |
SoftJin's Software Product Biz |
- |
Completed |
| 23/05/13 |
Venture Capital |
- |
AdNear |
1.14 |
Planned |
| 23/05/13 |
M&A |
Dentsu Inc. |
Webchutney Studio Private Limited |
- |
Completed |
| 23/05/13 |
Capital Market |
- |
Vakrangee Softwares Limited |
- |
Completed |
Company |
| Name | Promoters | Office | Competitor | Website |
| Print Bindaas Private Limited |
Suraj Goyal Sanjay Jain |
B – 116, durian estate, goregaon – mulund link road, goregaon (e) |
|
http://www.printbindaas.com |