Printo, a branded retail chain that provides digital printing services such as posters, visiting cards and certificates in November 2010 acquired Bangalore- based, Lifeblob.com, a social photo service firm. Lifeblob founded by Pranav Bhasin in 2007 enables users to share photos with friends and family. Also Lifeblob helps users find related images that match those in their album. Printo expects to develop online presence with this acquisition.
The Indian printing market is valued at $14 billion and is growing at around 12% per annum, with the digital printing industry growing in excess of 40%.
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