Incnut Digital raises USD 4 mn in series A funding led by RPSG Ventures
New Delhi, Jul 13, 2020: Media and eCommerce startup Incnut Digital raises around USD 4 million (approx Rs 30 crore) in a Series A funding round led by RPSG Ventures, a fund backed by RP-Sanjiv Goenka Group.
Series A funding is typically the first round of institutional funding that could be led by one or more investors.
Incnut Digital, in a statement said it has raised around USD 4 million funding in Series A from RPSG Ventures, an early stage consumer-centric venture capital fund backed by RP-Sanjiv Goenka Group as its sponsor investor.
Incnut Digital, which owns and operates online beauty and wellness community StyleCraze and parenting network MomJunction and personalised beauty care brands - SkinKraft and Vedix, said the funds will be utilised for strengthening and expanding i...