Circle Raises ₹25 Cr To Expand Its Pre-Owned Goods Marketplace Beyond Bengaluru

by · Inc42

SUMMARY

  • Circle has raised ₹25 Cr in a seed funding round led by Nexus Venture Partners, with participation from existing investors Titan Capital and Raveen Sastry, alongside Delhivery COO Ajith Pai
  • Circle’s expansion will test whether its model of managing verification, payments, and logistics without owning inventory can scale beyond its first market
  • The startup claims to have facilitated around ₹25 Cr in pre-owned goods sales in Bengaluru within a year of launch, attracting over 1 Mn visitors and generating 1 Lakh listings