India, Sept. 19 -- D2C kidswear brand INCLUD has raised INR 25.4 Cr ($2.9 Mn) in its pre-Series A round led by 3one4 Capital. The round also saw participation from existing investor Japanese VC firm Incubate Fund Asia.

According to INCLUD's MCA filings, it raised the amount in two tranches. While 3one4 Capital invested INR 21 Cr in the startup, Incubate Fund Asia infused INR 3.63 Cr.

The funding was raised at a pre-money valuation of INR 91.4 Cr. However, it couldn't be ascertained if this funding is part of a larger round.

Questions sent to INCLUD did not elicit any response till the time of publishing this story.

Founded in 2023 by Ashwin Rastogi, INCLUD sells clothes for children aged up to 14 years.It claims that all its outfits a...