New e-commerce entrant Mayfair has raised $3.2 mn in seed funding from Nexus Venture Partners and CDH Investments. The company plans to use the fresh funding raised to ramp up its procurement, operations and strengthen the team. Gurugram-based Mayfair offers affordable fashion including clothing, accessories, home and living products. Founded by Chi Xue and Eddie Deng the company claims that it uses data science and AI technology to understand customer’s demand trends.