The Bengaluru-based startup will use the funds to expand to other cities, invest in AI-powered pricing, product discovery, and verification, and strengthen its logistics infrastructure. Read the full story here: economictimes.indiatimes.com…

India's Recommerce Opportunity: Circle Puts Trust at the Center of Second-Hand Shopping

We’re excited to lead @justcircleit's ₹25 crore seed round! Pre-owned only works when people can trust what they’re buying. Founded by Chirag Kataruka and Ankit Misra, Circle verifies every item and handles everything from listing to pickup and payout, so buying and selling pre-owned is simple and safe. Congratulations to the @Circle team! @suvirsujan | @itsvaishak

🚀 𝐂𝐢𝐫𝐜𝐥𝐞 𝐫𝐚𝐢𝐬𝐞𝐬 ₹𝟐𝟓 𝐂𝐫 𝐢𝐧 𝐒𝐞𝐞𝐝 𝐟𝐮𝐧𝐝𝐢𝐧𝐠! We’re excited to share that @justcircleit has raised ₹25 Cr in its seed round, led by Nexus Venture Partners, with participation from existing investors Titan Capital and Raveen Sastry, Co-founder of Myntra, along with Ajith Pai, COO of Delhivery, who joined the round as an angel. Having led Circle’s first round, we’re glad to continue backing the team as they scale trusted pre-owned commerce across India. Founded by Chirag Kataruka and Ankit Misra, Circle is rethinking India’s pre-owned market by solving for one of the category’s biggest challenges: trust. Its managed C2C marketplace combines AI-powered verification, secure payments and logistics to make buying and selling pre-owned goods simpler and more reliable. In just about a year: → ~₹25 Cr in pre-owned sales → 1M+ visitors → 100,000 listings from Bengaluru alone The new capital will support Circle’s expansion beyond Bengaluru, along with further investment in AI-powered pricing, discovery and verification, Trust Hubs and its logistics network. Congratulations to Chirag, Ankit and the entire Circle team on this milestone. Excited to see the journey ahead. 👏 #TitanCapital #Circle #Funding #ConsumerTech #StartupIndia