Pre-Owned Marketplace Circle Raises ₹25 Crore Led by Nexus

14 Oct 2026, 4:16 pm · 3h ago · 1 min read · EntrackrNew

Amount

₹25 Cr

Stage

Seed

Lead

Nexus Venture Partners

Bengaluru-based recommerce platform Circle has raised ₹25 crore in seed funding led by Nexus Venture Partners. The round saw participation from existing investor Titan Capital, Myntra co-founder Raveen Sastry, and Delhivery COO Ajith Pai. Founded in 2025 by Chirag Kataruka and Ankit Misra, Circle operates a managed customer-to-customer marketplace spanning electronics, cameras, furniture, and sneakers. The startup plans to use the funds to expand beyond Bengaluru, strengthen logistics, open Trust Hubs, and improve AI algorithms for pricing, discovery, and verification without holding inventory itself.