I don’t think that anyone of this generation does not about this term  PicsArt. Well in case you don’t, its an image editing, collage making and drawing app. It was founded by Hovhannes AvoyanArtavazd Mehrabyan and Mikayel Vardanyan in 2011. The Headquarters are in San Francisco and California.  It was first launched in Android devices having 35 million downloads in its first year. Then it launched in iOS in 2013 and was released in ipad in the same year. This app has nearly 2 million unique users daily and 4 million registered users. By the end of 2013, it became available on Windows Phone Devices. You can explore awesome images and photos here by high level editing. It’s a very creative app with almost limitless features. There are different categories e.g. Stickers, Holidays and events, Love, Drawing, Editing, World, Weather, Travel, Sport, Nature, Fashion and so much more. You can do Portrait selection, add custom fonts, custom stickers, increase your image resolution, add magic effects etc. There is also a paid subscription plan known as PicsArt Gold. Here you will get unlimited access to 3000+ premium stickers, fonts, frames, backgrounds and more. It’s an AD free experience with periodic premium content updates and exclusive tutorials for new content. In 2015, the company launched an educational program on machine learning and data science in Armenia. By 2017, PicsArt reached 75 million monthly active users. It brings new features like remix galleries, a redesigned camera and other personalization features. It brings improvements across Android, Windows and iOS. The company launched custom stickers which allows users to make their own custom stickers. Picsart is among 5 hottest 2015 startups according to Forbes. Currently this app is worth $250million and it was in 5th position among 100 most popular apps in Apple’s App Store. This app has 100 million downloads with 60 million active users. Well in PicsArt case, only specific clipart, frame and background packages are being sold and can be considered as the main source of revenue.