Circle Raises ₹25 Crore Seed Round Led by Nexus Venture Partners

14 Oct 2026, 11:50 am · 3h ago · 1 min read · Inc42New

Amount

$2.6M

Stage

Seed

Lead

Nexus Venture Partners

Bengaluru-based pre-owned goods marketplace Circle has raised ₹25 crore ($2.6 million) in a seed funding round led by Nexus Venture Partners. Existing investors Titan Capital and Myntra co-founder Raveen Sastry participated, alongside Delhivery COO Ajith Pai as an angel investor. Founded in 2025 by Chirag Kataruka and Ankit Misra, Circle operates a managed marketplace handling product verification, payments, and logistics without holding inventory. The startup plans to use the capital to expand beyond Bengaluru, strengthen its logistics and Trust Hubs, and enhance its AI-powered pricing and verification tools across multiple consumer categories.