Picsquare.com Takes Investment from Bhola Digital Labs
Picsquare.com one of the many photo sharing, printing and gifting sites that we covered in this slideshare presentation has finally secured funding. Picsquare has raised an undisclosed sum from Bhola Digital labs which is a decade and a half old company into high quality printing solutions and is spread across Karnataka. There have been a number of online photo printing services which have been funded in the last year or so.
Here is a list
| Company | Funding | Investor |
| Printo.com | 6.25 Million $ | Sequoia Capital |
| Canvera.com | Undisclosed | DFJ, Footprint & Mumbai Angels |
| SnapFish | NA | Backed by HP |
| Picsquare.com | Undisclosed | Bhola Digital Labs |
There are also players like Gkvale.com which have been around in the offline side of the business for years and are now investing in online photo printing.
On the whole this space has now got almost half a dozen funded and money muscle backed players and there are still a dozen that are still around peddling the same stuff. A consolidation is inevitable as I see it for most of the smaller shops. Another interesting question this funding raises is whether strategic investment is better than financial investment? Picsquare has surely taken a strategic route by choosing Bhola Digital as its investor.
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So, http://www.picsquare.com is going the http://www.gkvale.com way………