Vsnapu is a startup that offers a unique solution for travelers who want to capture their memories in a professional and personalized way. The company was founded in 2015 by Abhimanyu Bhosale and Shashank Vaishnav, and has quickly gained popularity among tourists who want to capture their travel experiences in a creative and memorable way.
The company offers a unique service that connects travelers with local photographers who can capture their travel experiences in a professional and personalized way.
The idea behind Vsnapu is to offer a new way of capturing memories and making them last forever. The founders of the company realized that many people struggle to take good photographs while traveling, either because they lack the skills or equipment to do so. Vsnapu seeks to solve this problem by providing a platform where travelers can easily find and book local photographers who have the skills and equipment to capture their travel experiences in a professional way.
The company operates in several cities in India, including Delhi, Mumbai, Goa, Jaipur, and Agra. The process of booking a photographer through Vsnapu is simple and straightforward. Travelers can choose their destination, browse through the list of available photographers, and select the one that best suits their needs. The photographer will then meet with the traveler at a designated location and capture their travel experiences in a personalized way.
Since its inception, Vsnapu has seen impressive growth in terms of sales and user adoption. The startup has reported a revenue growth of 10x in just one year, with revenue reaching INR 1 crore in FY 2019-20. Vsnapu has also managed to acquire over 5,000 paying customers from more than 50 countries around the world.
The success of Vsnapu can be attributed to its innovative platform, which has filled a gap in the market for travelers who want high-quality photographs of their trips without having to rely on selfie sticks or asking strangers to take their photos. By offering an affordable and convenient solution, Vsnapu has become a popular choice for travelers looking for professional photography services.
In addition to its impressive sales figures, Vsnapu has also garnered recognition in the startup community. The company was selected for the prestigious TiE ScaleUp Program, which provides mentorship and networking opportunities to high-growth startups. Vsnapu has also been featured in numerous media outlets, including The Economic Times and YourStory.
Vsnapu's success in terms of sales and user adoption is a testament to the effectiveness of its platform and the value it offers to its customers. With its innovative approach to travel photography, Vsnapu is poised for continued growth and success in the coming years.
The team came well-prepared for their pitch, showcasing their impressive growth statistics and detailing their plans for expansion. They explained how they had built a network of over 350 photographers across India, who had completed more than 12,000 photo shoots for travelers. They also emphasized their focus on customer satisfaction and their commitment to providing a seamless and enjoyable experience for their users.
The startup was seeking investment and the owner of the company had asked for 50 lakhs rupees in exchange for 1.5% equity. This means that the owner of VsnapU was looking for investors who would be willing to invest 50 lakhs rupees in the company, and in exchange, they would receive 1.5% ownership in the company.
The Sharks were impressed with Vsnapu's concept and its potential for growth, but they were hesitant to invest in the company. They expressed concerns about the scalability of the business and the competitive nature of the photography industry. They also felt that the Vsnapu team had not adequately addressed some of the challenges that they were likely to face in the future.
Despite these challenges, the Vsnapu team remained confident in their vision and their ability to execute their plans. They continued to work hard on expanding their network of photographers, improving their technology platform, and refining their marketing strategy.
In the end, Vsnapu did not receive any investment from the Sharks, but the exposure that they received from the show was invaluable. The Vsnapu team continued to work hard on their business, and in 2021, they were able to secure funding from a group of investors. They used this funding to expand their operations and improve their technology platform, and they continued to grow their user base.
Today, Vsnapu is a thriving startup that is helping travelers capture their memories in a unique and memorable way. The company has expanded beyond India and now operates in several countries around the world. Despite the challenges that they faced along the way, the Vsnapu team never gave up on their vision, and they continue to innovate and push the boundaries of what is possible in the photography industry.
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