IncNut Digital: Japan-based Istyle picks up minority stake in content startup Incnut, Ventureast exits with 50x returns

Tokyo-based consumer internet company Istyle has acquired a minority stake in the Hyderabad-based women-focused content startup Incnut Digital, in a secondary transaction worth around ₹25 crores, said Sateesh Andra, MD, Endiya Partners. The deal marks the exit of Hyderabad-based venture capital firm Ventureast, earning 50x returns on its investment, through the secondary transaction. This deal [...] The post Japan-based Istyle picks up minority stake in content startup Incnut, Ventureast exits with 50x returns appeared first on The Indian Wire.