Culture Circle raised pre-seed funding from IIMA Ventures to expand into more categories and key international markets.
May 02, 2024•over 1 year ago
Round Type
seed
Investors
Iima Ventures
Description
Culture Circle has secured an undisclosed amount in pre-seed funding from IIMA Ventures (formerly IIMA-CIIE). The fresh capital will be used to expand into more categories, such as luxury fashion, watches, designer handbags, and collectibles, as well as to expand its offline presence with experience centers in Delhi, Hyderabad, and Mumbai, and launch its platform in key international markets like the UAE, Singapore, and Thailand.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers