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PrintTech Startup Inkmonk raises $750K funding from Dubai based VAMM Ventures and other two Japan based VC’s. The company is looking to expand with the funds and is also shall be executing its feature roadmaps adding more value to the product side of the business,
The company was founded by Isaac John Weasley and Surya Sankar with a vision to ease the effort of printing for a common user. The Startup is clocking around 180K monthly visitors with a product range of more than 30 product spanning across 5,000+ product customisations. The platform helps getting the user to design the collaterals online and get it printed from a nearby printer shop with a delivery which is much faster and convenient.
Commenting on the journey of building Inkmonk, Isaac said, “The $29 Bn print and customisation market of India is ripe for disruption with most businesses preferring convenience and ease of purchase in online platforms. I believe around 5% of this market is already discovering print service providers over the internet with business value worth $1.4 Bn annually. This is a big motivation for us to keep pushing further in taking over the industry with sheer trust and convenience.”