Canvera to add more centres

Tags: Companies
Digital photography company Canvera Digital Technologies plans to expand its centres. By the end of the next financial year, the company will have close to 14 centres across the country. At present, it has centres in Chennai, Hyderabad, Bangalore and Delhi.

“Our target is to set up one centre every month. By the end of the present financial year, we will have our centres at Chandigarh and Ahmedabad,” says Dhiraj Kacker, chief executive officer Canvera Digital Technologies. Kacker, however, did not disclose the names of the other cities.

Is the company worried about the prevailing high rentals? “We do not necessarily look at the prime locations in a city to set base, so the issue of exorbitant rentals do not bother us much,” said Kacker, and added that rentals have already fallen and rationalised to a large extent.

Canvera Digital Technol-ogies provides customised wedding albums, photo-books, calendars and traditional photographic prints. The company is financed by the funds of venture capitalists, Footprint Ventures, Draper Fisher Jurvetson and Mumbai Angels. Professional photographers, who form the core of Canvera’s clientele, order albums and photo-books online and get them delivered on their addresses.

Even as ongoing economic slowdown may have dented business sentiment and expansion plans of many companies, Canvera Digital is bullish. Kacker said, “A major part of our business comes from personal functions such as weddings and parties, where the impact of slowdown has been minimal.”

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