India, April 8 -- Increff cofounder Nirmal Jain's direct-to-consumer (D2C) apparel startup OUTZIDR has raised INR 30 Cr (around $3.5 Mn) in a seed funding round led by Stellaris Venture Partners.

The round also saw participation from eight other angel investors, including Livspace cofounder and chief executive Ramakant Sharma and Mamaearth cofounder and chief innovation officer Ghazal Alagh, among others.

"The startup will deploy the fresh proceeds to bolster its business model and product design. Additionally, another portion of the capital will be used for marketing, brand building and inventory management," Jain told Inc42.

Jain, who previously led Landmark Group's Styli as founder and CEO in Dubai before launching Increff, joined M...