Incnut Digital raises $4 million in series A funding led by RPSG Ventures

Date posted: Tuesday 14 July 2020

Media and e-commerce startup Incnut Digital has raised around $4 million (approx Rs 30 crore) in a Series A funding round led by RPSG Ventures, an early stage consumer-centric venture capital fund backed by RP-Sanjiv Goenka Group.Incnut Digital, which owns and operates online beauty and wellness community StyleCraze, parenting network MomJunction and personalised beauty care brands like SkinKraft and Vedix, said the funds will be utilised for strengthening and expanding its research and development (R&D) labs, overall infrastructure and artificial intelligence (AI) driven data technology.

(ET Tech)