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Circle raises ₹25 crore seed funding led by Nexus Venture Partners to scale its AI-driven pre-owned marketplace across India.
Amount Raised
₹250 Million
Round Type
Seed
Investors
Description
Circle, an AI-native C2C marketplace for pre-owned goods in India, has raised ₹25 crore in seed funding led by Nexus Venture Partners. The funding will accelerate the company's expansion beyond Bengaluru and invest in AI-powered pricing, discovery, and verification capabilities. Circle combines AI-powered verification and logistics to build trust in India's pre-owned goods market. The platform reported strong retention metrics, with nearly 40% of buyers returning within 90 days and half of sellers listing again.
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Related People
Circle raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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