Startups in India - Picsquare a Photo Developer, Postal Service, and Gift Shop

Name of the Firm: Picsquare

Introduction

Picsquare is a Bangalore based company that provides the services of a photo developer, postal service and gift shop – packaged as one. It makes it convenient for you to send your printed photographs and customized gifts to friends and family. The company claims to be the most cost effective option for sending printed photographs anywhere in India.

Picsquare enables you click, share and connect online. You can upload, view, share and order high quality prints of the digital photographs. Further, you can create and get printed your own personalized photo gifts such as calendars, cards, mugs and T-shirts and delivered anywhere in India.

For deliveries, Picsquare has tied by with DTDC and for printing it works with Bhola’s Digital Lab.

The company recently won the Best Design Award in PC World Web Awards 2007 under Online Photo Printing Category.

Business Description

The company’s revenue model is focused on providing value to the client. There seems to be no advertisement revenue generation. Apart from photographs, the company provides other customized products like mugs, T shirts and calendars.

No performance reviews are available as of now. .

Funding

Picsquare received $25,000 seed funding from The Indus Entrepreneurs (TiE). TiE is an industry body that supports Indian startups by providing incubation space, IPR support and manpower sourcing.

About the entrepreneurs

The founders of the company are two IIT Mumbai alumni.

Manish Agarwal is a Mechanical Engineer from IIT (Mumbai) and an MS in Engineering from the Purdue University. Prior to launching Picsquare, he worked with a Bioinformatics company. Kartik Jain is a Bachelor in Chemical Engineering from IIT (Mumbai). Kartik had earlier worked for a software firm and multinational pharmaceutical company.

Their vision for Picsquare is ‘to provide a space to the Indian community where they share their life with their loved ones through the medium of photographs. A bridge between people, who are situated far away, providing them a convenient way of sharing photographs, be it through online sharing or sending prints’.

Competitors

There are several players operating along the same lines.

To name a few: MeraSnap, PhotoJagat, PhotoMasti, iTasveer, SnapGalaxy, eYaadein, RangeelaPhotos, 123shots