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OYO’s Ritesh Agarwal invests in Culture Circle at over Rs 100 Cr valuation

EntrackrEntrackr · 4m ago
OYO’s Ritesh Agarwal invests in Culture Circle at over Rs 100 Cr valuation
Medial

OYO’s Ritesh Agarwal invests in Culture Circle at over Rs 100 Cr valuation Culture Circle, a fashion commerce platform focused on luxury and streetwear, has raised a strategic round from Ritesh Agarwal, founder and chief executive of OYO. The funding was done at a valuation of more than Rs 100 crore. The startup had earlier secured Rs 3 crore on Shark Tank India from Agarwal and Kunal Bahl, declining a larger Rs 8 crore offer. Culture Circle claims to have crossed Rs 400 crore in overall valuation following its recent growth. The platform reports 1 million monthly users and over 4,000 verified sellers. It has recorded 4 times growth in recent quarters. The company was started by Devansh Jain Nawal and Ackshay Jain. Nawal is an IIM Ahmedabad alumnus and former Goldman Sachs employee. Jain has earlier worked with Google and leads JIIF Gurugram. The founders said the capital will be used to grow SourceX, the firm’s AI-led authentication system, and to expand into new product categories and global markets. It also plans to open new offline stores in Gurugram and Mumbai. Culture Circle operates flagship stores in Delhi and Hyderabad and runs a resale marketplace for branded sneakers and luxury fashion. The company is planning its global launch later this year.

Culture Circle raises $2 Mn from Info Edge Ventures

EntrackrEntrackr · 11m ago
Culture Circle raises $2 Mn from Info Edge Ventures
Medial

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.

Neuroscience startup BrainSight AI raises $5 Mn

EntrackrEntrackr · 10m ago
Neuroscience startup BrainSight AI raises $5 Mn
Medial

Snippets Neuroscience startup BrainSight AI raises $5 Mn Deep-tech neuroscience startup BrainSight AI has raised $5 million in a pre-Series A funding round led by IAN Alpha Fund, along with participation from IvyCap Ventures, Silver Needle, and its existing investors. The fresh funds will be utilized to expand its presence in India, increasing reach in Tier I and Tier II cities, making a foray into Africa, Southeast Asia, the US, and allied markets, and enhancing R&D capabilities, BrainSight said in a press release. Co-founded in 2019 by Laina Emmanuel and Rimjhim Agrawal, BrainSight AI aims to enable greater precision in the diagnosis and treatment planning of neuro-oncological and neuropsychiatric disorders. The platform combines artificial intelligence and neuroscience to enable precision in neurological and psychiatric investigations for accelerated patient outcomes. According to BrainSight, its platform products include Voxelbox, which provides clinicians with access to an fMRI processing engine and machine-learning models; and Snowdrop, a patient care app that enables compliance with treatment schedules and builds patient profiles. Currently, BrainSight AI asserts that it collaborates with over 40 leading hospitals across India, particularly in neurosurgery and radiology departments, focusing on brain tumor cases. The company is now expanding its solutions to neurological and psychiatric disorders, paving the way for a more holistic approach to brain care. BrainSight AI helps to understand how the physiology of the brain correlates to its functions by mapping macro-scale neural connections in the brain to enable precise diagnosis and prognosis of neuro-oncological and neuropsychiatric disorders.

Circle raises Rs 3.4 Cr in pre-seed round led by Titan Capital

EntrackrEntrackr · 1h ago
Circle raises Rs 3.4 Cr in pre-seed round led by Titan Capital
Medial

Circle raises Rs 3.4 Cr in pre-seed round led by Titan Capital Circle has raised Rs 3.4 crore in a pre-seed round led by Titan Capital. Raveen Sastry, co-founder of Myntra, also participated. The proceeds will be used to strengthen Circle’s AI stack, including guided pricing, automated condition grading, and catalog matching. Circle will focus on electronics and household categories, expand its presence in Bengaluru, and enter new cities by 2026. Founded in 2025 by Ankit Misra and Chirag Kataruka, Circle runs a full-stack model that uses AI to verify product listings, handles doorstep logistics, and manages secure payments. The goal is to remove uncertainty, scams, and coordination issues that commonly occur in C2C transactions. Sellers can list items quickly, get pricing support, and receive payouts once the product is picked up and verified. Since its soft launch in August 2025, Circle has onboarded more than 17,000 users in Bengaluru. The platform is seeing strong demand in electronics, furniture, appliances, and home goods. As per market research, India’s pre-owned goods market is valued at Rs 1.6 lakh crore, but the experience remains fragmented because of fake listings, incomplete product information, and lack of buyer and seller protection. More than 70 million Indians transact used goods every month, yet the overall experience is not at par with primary e-commerce platforms.

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