Picsquare secures investment from Bhola Digital Lab

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Bangalore: Picsquare, India's online photo portal has announced, that Bangalore based Bhola Digital Lab, a leader in professional photography using state of the art printing technology offering high quality print solutions spread across Karnataka, has made an investment in the company. The capital raised will primarily be used in deploying latest technologies in design and printing, expanding product portfolio, market reach, business partnership and new market & business opportunities. Picsquare has been using Bhola's highly advanced printing services and the tie-up with the Bangalore based brick and mortar company, will help Picsquare leverage the expertise of a 2-decade-old industry leader and share product strategy. The strategic alliance will solidify Picsquare's dominant position as one of the largest photo sharing company in India having presence both online and offline. "Defining and delivering compelling and innovative user experiences has been our underlying mantra since inception and we are honored to partner with Bhola Digital Lab," said Manish Agrawal, cofounder and Managing Director, Picsquare. "Our strategy was clear that we partner with the leaders in the photo industry to deliver the best combination of online photo services with traditional processing and printing," he added. "Our relationship with Picsquare is an extension of our commitment to the customers, guaranteeing them the next level of dedication and service," said Pankaj Parikh, Managing Director, Bhola Digital Lab. Founded in 2005, Picsquare has attracted over 1.5 lakhs users and a very high customer loyalty. The company also uses the most sophisticated technology in its space. Today the company offers the most innovative and cost effective option of printing and delivering photographs and a host of merchandise across the nation.