Media and e-commerce startup Incnut Digital has raised $4 million in a Series A funding round led by RPSG Ventures. The fresh proceeds would be utilized by the company towards strengthening and expanding its research and development (R&D) labs, infrastructure, and artificial intelligence (AI) driven data technology.
The Hyderabad-based startup includes StyleCraze, MomJunction, Vedix, SkinKraft, and The Bridal Box among its flagship products. While StyleCraze and MomJunction claim to have over 25 million monthly traffic each, the Bridal Box also has a monthly reach of more than 45 million. (Source-PR)