Mizuho Capital and Neostella Capital, a venture capital company sponsored by Mizuho Securities and Dai-ichi Life Insurance, provided the money to Locondo.
Locondo, a Japan-based shoes and bag shopping site launched last year after backing by German incubator Rocket Internet, has sold a minority stake to two of financial services conglomerate Mizuho’s investment subsidiaries.
Mizuho Capital and Neostella Capital, a venture capital company sponsored by Mizuho Securities and Dai-ichi Life Insurance, provided the money to Locondo.
