Lifestyle Brand Mayfair Raises $3.2 Mn In Seed Funding From Nexus Ventures And CDH Investments

Lifestyle

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Mayfair, a new entrant to the lifestyle and apparel ecommerce market has received a $3.2 Mn funding from Nexus Venture Partners and CDH Investments, according to a statement by the company.

Mayfair said that the round was its seed funding round and will be used to ramp up procurement and operations and to expand the team. On its Linkedin page the company has described itself as a fast-growing fashion startup with funds raised from Baidu founders.

Mayfair was founded by Chi Xue (Data Science Head at ClubFactory, Ex-Google) and Eddie Deng (Director at Alibaba) in October 2018 at Gurgaon.

[“source=inc42”]

Written by Loknath Das