Nothing beats a gift with a personal touch. Nothing beats owning an item that is unique and no one else owns it. And that precisely is the mission of German incubator, Rocket Internet backed startup Printvenue.com.
Printvenue was founded in 2012 by Saurabh Kochar who was previously associate at McKinsey and Co.
The startup offers a range of customized gift items such as photo-mugs, photo-notebooks, pen drives and iPhone cases. The online portal can also be used for ordering office stationery, business cards, letterheads, cardholder and other personalized accessories. It provides its customers with about 40,000 designs available across products. According to a study, the market size for printing services is about $12 Bn with a growth rate of 15% Year on year. Thus, the market demand shows the opportunity.
“The main idea behind it was to actually bring the ease of customization in the printing sector to the homes of the Indian customers in a big way,” says Saurabh Kochar, founder of the company which has served a million Indians, and serviced 300,000+ orders.
Printvenue was launched with 5 products and 11 employees in the year 2012, which has now grown to 300+ products and 80 employees. It has been doing business with individuals and corporate as well, and has a pan India presence, including cities like Delhi NCR, Bangalore, Mumbai, Chennai, Kolkata, Hyderabad, Pune, Ahmedabad, Chandigarh, Indore and Jaipur. It also has an international presence in Singapore.
Its clientele includes youth based out of tier-1 cities and self-employed professionals. The startup is experiencing the growth of 21% month to month in last 2 quarters.