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Culture Circle raises $2 Mn from Info Edge Ventures

Entrackr

Entrackr · 1y ago

Culture Circle raises $2 Mn from Info Edge Ventures

Culture Circle, a marketplace for sneakers and streetwear, has raised $2 million in its seed round led by Info Edge Ventures, along with participation from angel investors. The proceeds will be used to expand its collection further, strengthen our authentication technology, and continue building the luxury fashion community. Founded in 2023 by Devansh Jain Nawal and Ackshay Jain, Culture Circle is a luxury e-commerce platform boasting a network of over 3,500 sellers and a catalog of 3.5 million listings. The platform specializes in premium products, including sneakers, streetwear, and high-end fashion items such as bags, blazers, backpacks, and cardholders. Culture Circle features offerings from iconic brands like Nike, Yeezy, Dior, Supreme, Common Projects, and Louis Vuitton, among others. Headquartered in Delhi NCR, the startup has recently ventured into six international markets—Qatar, Oman, the UAE, Singapore, the UK, and Thailand—through a pilot program aimed at global expansion. Through its proprietary SourceX platform, Culture Circle enables users to compare prices and access exclusive deals on brands like Nike, Adidas, Jordans, On, Yeezy, Supreme, Balenciaga, and Dior.

Related News

Sneaker platform Culture Circle raises $2 million

Inshorts · 1y ago

Sneaker platform Culture Circle raises $2 million

Sneakers focussed ecommerce platform Culture Circle has raised $2 million in its seed funding round led by Info Edge Ventures. The round also saw participation from angel investors. The startup plans to use the capital to scale its operations globally, enhance technology, and reinforce its position as a digital marketplace for hyper-luxury goods.

Anscer Robotics raises $2 mn in funding to drive global expansion

Inshorts · 1y ago

Anscer Robotics raises $2 mn in funding to drive global expansion

Anscer Robotics, a Bengaluru-based developer of intelligent autonomous mobile robots (AMRs), has raised $2 million in a seed funding round led by Info Edge Ventures. The startup designs advanced robotic solutions for manufacturing and supply chains, helping enterprises streamline their operations with automation.

Luxury and hype platform Culture Circle raises pre-seed funding

Inshorts · 1y ago

Luxury and hype platform Culture Circle raises pre-seed funding

Culture Circle, a luxury and hype platform, has raised an undisclosed amount in a pre-seed funding round from IIMA Ventures, formerly known as IIMA-CIIE. Culture Circle is a hype and luxury app offering a collection of sneakers, streetwear, and luxury fashion from brands like Nike Air Jordans, Yeezys, Essentials, Drew House, Supreme, etc.

BuyEazzy Raises $4.25 Mn To Expand Into Remote Pockets

Inc42 · 2y ago

BuyEazzy Raises $4.25 Mn To Expand Into Remote Pockets

Beauty products ecommerce platform BuyEazzy has raised $4.25 million in a Series A funding round led by Info Edge Ventures. The Mysuru-based startup, founded by Rahul Aggarwal and Hariher B in 2021, aims to cater to the unfulfilled beauty and wellness needs of consumers in tier II cities, where access to a wide assortment of beauty products is limited. The funding will be used to expand to more than 40 cities and add 2 million offline users.

Anscer Robotics raises $2 Mn in seed round

Entrackr

Entrackr · 1y ago

Anscer Robotics raises $2 Mn in seed round

Anscer Robotics raises $2 Mn in seed round Deeptech startup Anscer Robotics has raised $2 million in its seed round led by Info Edge Ventures. The proceeds will be used to expand into new geographies and develop new product lines. Founded by Ribin Mathew, Ebin Sunny, Raghu Venkatesh, and Brijesh CA, Anscer Robotics makes smart robots that help move things in warehouses, factories, and logistics centers. The company’s flagship robots can carry up to two tonnes, including pallet movers, tuggers, conveyors, and lifters. The startup claims to have already deployed autonomous mobile robots (AMRs) at the units of its 15 enterprise customers across the US, India, Singapore, and Japan.

Exclusive: Matiks Raises $3.14 Mn To Scale Maths-Based Gaming Platform

Inc42 · 6m ago

Exclusive: Matiks Raises $3.14 Mn To Scale Maths-Based Gaming Platform

Edtech startup Matiks, a mobile gaming platform focusing on mathematics, raised $3.14 million in its pre-Series A funding round led by Tanglin Ventures, with participation from Info Edge Ventures and notable angel investors like Aman Gupta (boAt) and Gaurav Munjal (Unacademy). Co-founded by Sudhanshu Bhatia, Mohan Kumar, and Sushant Timmapur, Matiks aims to expand its team, enhance marketing efforts, enlarge product offerings, and explore new markets. The platform offers math skill-testing games for users to compete against each other.

Pascal AI Raises $3.1 Mn From Kalaari, Info Edge Ventures To Automate Investment Research

Inc42 · 6m ago

Pascal AI Raises $3.1 Mn From Kalaari, Info Edge Ventures To Automate Investment Research

Pascal AI, a fintech-focused AI SaaS startup based in Bengaluru, has raised $3.1 million in seed funding. The round was led by Kalaari Capital with participation from Norwest Venture Partners, Info Edge Ventures, and Antler, among others. Pascal AI plans to use the funds to develop autonomous investment research workflows, expand into the U.S. market, and strengthen data partnerships.

Sourcing platform Geniemode raises $50 mn led by Multiples PE, others

VCCircle

VCCircle · 1y ago

Sourcing platform Geniemode raises $50 mn led by Multiples PE, others

Geniemode, an apparel sourcing platform, secured $50 million in a Series C round led by Multiples PE, along with Fundamentum, Paramark Ventures, and Info Edge Ventures. Founded in 2021, Geniemode plans to use the funds to expand geographically and enhance supply chain solutions. The company aims to double revenues to $140 million by 2024-25. The financing supports Geniemode's strategy to disrupt markets using technology, with plans to go public in the coming years.

Info Edge launches Rs 250 Cr growth-stage investment fund

Entrackr

Entrackr · 20d ago

Info Edge launches Rs 250 Cr growth-stage investment fund

Info Edge has launched a new growth-stage investment fund with a capital commitment of Rs 250 crore, marking its first dedicated vehicle for later-stage companies. The new vehicle, called B8 Fund-I, may also raise capital from external sponsors, taking the total corpus beyond the initial Rs 250 crore. Info Edge already operates four early-stage investment platforms. These include Info Edge Ventures, which has raised Rs 2,300 crore across three funds; Capital 2B with a Rs 280-crore corpus; Redstart Labs, focused on AI-led startups; and direct investments from its balance sheet. Through its venture vehicles, Info Edge has backed several startups at early stages, including Gnani AI, Ixigo, Shiprocket, Zingbus, and Truemeds. Through its balance sheet, the company has invested in firms such as Zomato and Policybazaar in their early years. The new Rs 250-crore fund will focus on backing growth-stage, tech-enabled companies in India or those primarily focused on India, the company said in a regulatory filing. Registered with Sebi as a Category II alternative investment fund, the vehicle will have a tenure of eight years from its first closing. In May last year, Info Edge said its shareholders had approved a plan to invest up to Rs 1,000 crore in Info Edge Ventures' third fund as part of its strategy to institutionalize its startup investing platform. The Info Edge Ventures funds are managed in a 50:50 partnership with Singapore’s sovereign wealth fund Temasek. For the quarter ended December 31, Info Edge’s operating revenue rose to Rs 819 crore, while net profit increased 10% year-on-year to Rs 317 crore from Rs 288 crore.

Attentive AI Nets $30.5 Mn To Scale Real Estate Stack

Inc42 · 4m ago

Attentive AI Nets $30.5 Mn To Scale Real Estate Stack

Attentive.ai, a SaaS-based remote property intelligence startup, has raised $30.5 million in Series B funding. The round was led by Insight Partners, with contributions from Vertex Ventures, Tenacity Ventures, and Info Edge Ventures. Founded in 2017, the Delaware-based company offers AI-powered solutions for the construction and field-services sectors. The new funds will accelerate the development of their flagship platform, Beam AI, support expansion into new markets, and enhance next-generation AI products.

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