Circolife Raises $4.5M Pre-Series A For Commercial AC Subscriptions

8 Sept 2026, 2:46 pm · 4d ago · 1 min read · Inc42

Amount

$4.5M

Stage

Pre-Series A

Lead

Bharat Jaisinghani

Thane-based climatetech startup Circolife has raised $4.5 million in a pre-Series A funding round led by Bharat Jaisinghani, joint MD of Polycab India. The round also saw participation from Nazara founder Nitish Mittersain, Intelliquity Ventures, Param Capital, and several angel investors and family offices. Founded in 2023 by Abhishek Murarka, Tushar Patil, and Devanshu Mishra, Circolife provides subscription-based commercial air conditioning services, managing installations, IoT-enabled monitoring, maintenance, and refurbishment. The startup manages 10,000 active subscriptions across five cities and plans to use the capital to scale operations, expand its fleet, and upgrade IoT capabilities.