[Funding alert] Yearbook Canvas Secures $150k in Bridge Funding to Empower Educational Institutes and Rekindle Connections

Yearbook Canvas, backed by Marwari Catalysts, Secures USD 150k in Bridge Funding to Empower Educational Institutes and Rekindle Connections

The startup seeks to connect schools, students, and alumni. The funds will fuel the company's expansion, tech product development, and global reach. Yearbook Canvas data is worth billions because people want to retain their precious memories. Yearbook Canvas' ambition to transform education and improve relationships is supported by this financing milestone.

Read also - Games24x7 Appoints Saroj Panigrahi as the Chief Operating Officer

Surashree Rahane, Founder & CEO of Yearbook Canvas (Ex-PepsiCo, HP Inc.), comments on the fundraiser, saying, "It has been a tremendous journey so far. This funding will enable us to propel our growth, enhance our technology infrastructure, and continue delivering unparalleled community experiences, yearbook creation, and merchandise offerings to our users worldwide."

Yearbook Canvas is based in Bangalore and operates nationwide. Its online community platform sells digital and physical yearbooks and goods to schools, colleges, institutions, and companies. IIMs, IITs, LBSNAA (IAS Academy), ISB, XLRI, FMS Delhi, Symbiosis Institute of Business Management, INSEAD, BITS, Royal Canin, Capgemini, Ecole Mondiale International School, and others are among the 250+ Tier 1, and A+ institutes that pay the startup.

Read also - Games24x7 Appoints Saroj Panigrahi as the Chief Operating Officer

Remarking on the growth and fundraising, the Co-founder and COO of Yearbook Canvas, Abhinav Madavi, says, "The success of this fundraising is a testament to the immense potential of Yearbook Canvas and its unique value proposition. Moreover, we are committed to revolutionizing how people cherish and celebrate memories through our cutting-edge technology and exceptional user experience."

To capture the market more aggressively, they have successfully raised $150k in bridge funding from the domestic and international markets. The round has witnessed investments coming in from many prominent names, including Narendra Kale (Co-founder of COEP's Bhau Institute & Director of Kale Logistics), Vijay Talele (Former CEO of COEP's Bhau Institute), C E Potnis (Founder, MD at Nitor Infotech), Ripunjay Bararia (Co-founder, CTO at SugarBox), Dr. Shirish Ghan (Global ENT surgeon and Faculty), and Vinit Kopulwar (stock market trader).

Read also - [Funding alert] Kyte Energy Saises Rs 3 Cr from ah! Ventures, Others

Supporting Yearbook Canvas in their mission, the investor, Vijay Talele (Former CEO of COEP's Bhau Institute), says, “From the initial stage, we have had faith in the vision of Yearbook Canvas and certainly wanted to be a part of it. We’re thrilled that the startup is expanding enormously and is about to make a global impact soon.”

Some other notable industry veterans and investors who have showcased confidence in Yearbook Canvas are Amit Waikar (Managing Director, South East Asia at DöhlerGroup), Deepak Nakil (Vice President at Unisoft Global Services), Nandkumar Dhekne (Independent Director at John Cockerill), Milind Awalgaonkar (Vice President, Supply Chain, Asia Region at Stanley Black & Decker, Inc.), Rakesh Mathuria (Founder, Life 2.0), Amit Karda (CA, Canada) and Deepak Phadnis (Founder and Consultant - Value Plus Business Consultancy).

Remarking on the journey of Yearbook Canvas, Sushil Sharma, the Founder & CEO of Marwari Catalysts, says, “We are glad to support and guide Yearbook Canvas as an accelerator partner, and today we feel elated as it has reached such immense heights. It would be our pleasure to keep backing them up in every way possible and watch them conquer new horizons.”

About Yearbook Canvas

Yearbook Canvas, established in India, offers an all-inclusive service that includes designing digital yearbooks, alumni books, and corporate memory books as efficiently as possible via their mobile application and web portal, then publishing and shipping the finished products.